This summary and analysis of 357 New York dairy farm businesses demonstrates the use of cash accounting and accrual adjustments to measure farm profitability, cash flow, financial performance, and costs of producing milk. Traditional methods of analyzing dairy farm businesses are combined with...

Economists are now familiar with “between” and “within” group inequality decompositions, for race, gender, spatial units, etc. But what exactly is the normative significance of the empirical results produced by these decompositions? This paper raises some basic questions about policy...

The purpose of this paper is to summarize the literature and the debate over agrienvironmental program effectiveness in the European Union (EU) and the US, with emphasis on examples in the Northeastern US and Germany. A particular concern is arrangements for blending regulatory and compensatory...