In recent years, there has been increasing emphasis in the rural development literature on the multiple income-generating activities undertaken by rural households and the importance of assets in determining the capacity to undertake these activities. Controlling for the endogeneity of activity...

Forest managers in developing countries enforce extraction restrictions to limit forest degradation. In response, villagers may displace some of their extraction to other forests, which generates “leakage†of degradation. Managers also implement poverty alleviation projects to...

This study analyses the causal factors of fall in Russian farm output focusing on financial determinants. Translog production function is estimated on panel of 17653 large-scale farms for 1996-1998 period using fixed-effects and accounting for inter-regional climate differences. Output...

This paper examines price and technology differentials between agroholdings and independent farms in two Russian regions: Oryol and Tatarstan. Both organisational forms receive on average the same product prices which indicates that they have the same market access. Moreover, their technologies...

This paper proposes and applies an innovative estimation approach for farm group programming models using Generalised Maximum Entropy. The proposed set-up simultaneously determines calibrating cost function parameters and input allocations to production activities. The methodology is applied to...

Despite the rapid producer adoption of hybrid rice (Oryza sativa L.) in recent years, the economic advantage of hybrid rice in the mid-Southern United States remains disputed. This study compares the economic risk and return of three popularly sown hybrid rice varieties: XL723, Clearfield® (CL)...

I taught AEC 620, Advanced Production Economics, every year between 1974, when I arrived as an assistant professor at the University of Kentucky, to 2012, when I retired. The following publication is one of the early sets of class notes I used in the course, dating from 1978 set up as an early...

This paper investigates some applications of high-resolution, three­ dimensional PC-based computer graphics to research and education in agricultural production economics. Examples illustrate issues in the identification of stages of production for the multifactor case; special cases in which...