The impact of the price of capital, nonfarm employment opportunities, and returns in agriculture on farm size was analyzed. A 10 region panel model using data for 1950-2000 was used. The impact of agricultural government payments was also examined. The results demonstrated the capital-labor...

Using a non-parametric linear programming approach, our contribution is (1) to examine if efficiency gains in hog production are realized due to vertical integration and (2) to demonstrate the efficiency gains that are realized are a product of economies of scope and scale. The model uses U.S....

The Class Rate Case and Minnesota Agriculture

The law of judicial remedies deals with the nature and scope of relief afforded a plaintiff following appropriate court procedures and after establishment of a substantive right. These remedies usually fall in one of four categories: (1) damages, (2) restitution, (3) coercion and (4)...

It is generally accepted that agricultural production is characterized by increasing returns to scale. In this paper we examine the evidence allegedly supporting this assertation and come to the conclusion that the hypothesis of increasing returns is not warranted. The essence of our argument is...

Recent contributions to the issue of countervailing power have formally demonstrated that imperfectly competitive market structures in retailing have different welfare implications from those hypothesized by Galbraith (1952) according to which increasing concentration in retailing may offer...