Granger-causality tests and Sims' VAR techniques were used to analyze the impact of macrovariables on farm output and prices in the U.S. for the period 1934-1987. Granger-causality tests show one-way causality from the macrovariables to the farm sector variables, and this is supported by impulse...

We consider how best to characterize agricultural real estate market participants' expectation formation mechanism. The expectation formation mechanism links current agricultural policies to asset prices and tells us how current policies change expectations for future transfers. We examine...

This paper examines the market characteristics that push consumers in high income countries to resist GM foods, with an emphasis on negative information from environmental groups and third-party, verifiable information. For this study, unique data were collected from adult consumers in the...

By broadening the definition of an ecosystem to include economic activities, can we better characterize the interactions and relationships among agricultural activities and important indicators of ecological system health? This paper addresses research approaches for assessing the role of...

The high and rapidly rising adult obesity rates in the United States, United Kingdom, Australia and New Zealand are associated with major health risks, including cardiovascular disease, diabetes, stroke, and some forms of cancer; large health care costs; and premature deaths annually. For...

We examine the concomitant claims that agricultural land can be regarded as a fixed factor of production and that rents derived from government policies accrue only to landowners. Characteristics of the long-run, equilibrium relation between farmland rental payments and government policies...

As property rights concerns grow along with budget pressures, government agencies charged with balancing resource policy objectives need to consider institutional alternatives to regulation and land purchase. This paper examines how public agencies participate in markets for partial interests in...