Replaced with revised version of paper 07/13/04.

In this paper the impact of public policies such as subsidies and taxation on invasive species management is explored in a Markov chain framework. Private agents react to public incentives based upon their long term expected profits and have the option of taking measures such as abatement,...

This study makes use of farm-level data from the Agricultural Census to evaluate the effects of the 1996 Federal Agriculture Improvement and Reform (FAIR) Act, which intended to "decouple" commodity payments from production decisions. Prior to this Act, agricultural support payments were linked...

The Florida citrus industry operates in a competitive global market. However, unlike program crops, producers in this industry do not benefit from direct income support under the new Farm Bill. There is concern about the impact of elimination of the orange juice tariff on the financial health of...

European Union (EU) consumers pay almost twice the competitive world price for many agricultural products. Agricultural subsidies accounted for almost half of the EU's total budget (US$ 40 billion on agriculture in 2000) although agriculture represented 1.7 percent of the EU's GDP and employs...