We explicitly measure corn acreage response to the biofuels boom from 2006 to 2010. Specifically, we use newly available micro-scale planting data over time to test whether corn cultivation intensifies in proportion to the proximity of ethanol processors. We control for the endogeneity of plant...

This study addresses the complex relationship between energy and agricultural markets—represented by corn, ethanol, and gasoline prices—particularly in light of the growth in biofuel production. Contemporaneous price response and transmission of market shocks are investigated in a...

This study proposes to use a structural VAR model, using annual percentage change series on U.S. gasoline prices, agricultural productivity, real GDP, agricultural exports, and agricultural commodity prices, to assess the impact of energy shocks on U.S. agricultural productivity growth and food...

The impact irrigation efficiency and the loan deficiency payment have on the quantity of groundwater withdrawn and the agricultural cost of groundwater conservation in the Texas High Plains (THP) is estimated. The irrigation efficiency component utilizes the two most common irrigation...

This study determines how production and trade policy distortions affected rice productivity in thirty-three rice-producing countries. A rice-productivity index for each country is constructed, and a model linking the productivity gap with policy distortions is presented. After controlling for...

Paper removed by authors for revision - 3/13/08.

A farm level simulation model is used to analyze the financial impacts of the U.S. proposal to the WTO to reduce farm subsidy payments. The impacts are examined for farms of different sizes, debt positions, and household characteristics. Results indicate that cash flow impacts of the policy...

Analysis with a stylised model of milk price determination shows that on a dollar for dollar basis it is theoretically possible for milk price support resulting from discriminatory pricing to be as or even more trade distorting than milk price support resulting from explicit trade intervention...

Sound environmental regulation must achieve environmental objectives while maximizing economic efficiency. This paper evaluates the impact of regulation on efficiency by measuring annual productivity across regulatory regimes in two similar fisheries with differing policy expectations....