Risk and uncertainty over the results of agricultural production were always considered as impediments for the development of agricultural sector and rural areas. Besides traditional weather and market related sources of uncertainty, agriculture in transition economies is facing one more major...

Global agriculture must significantly increase production to meet by mid-century the demands for food, feed, and fiber posed by the world’s enlarging population. An important requirement to meeting those demands is a lifting of agricultural total factor productivity (TFP) growth rates. The...

Revision of a paper presented at the IATRC/IAAE Pre-Congress Symposium on Globalization, Macroeconomic Imbalances, and South America as the World’s Food Basket, Foz do Iguaçu, Brazil, 18 August 2012.