In this paper we examine the relation between geographic location and innovative behavior. Knowledge spillins, as opposed to knowledge spillovers, are modeled as an externality which exists between geographically close economic agents and enters the representative inventor production function...

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Agricultural policy has traditionally been concerned with the maintenance and stability of farm income, and the provision of a stable food supply at low relative prices. The U.S. Food Security Act of 1985 was the first farm legislation to directly tie farm income and environmental concerns...

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Experiment station research expenditures are responsive to economic and institutional forces. A four-equation model of resources allocation to state agricultural experiment station research, consisting of demand and supply equations for research, an equation allocating state governmental...

We develop an empirically tractable model of acreage allocation decisions in which farmers consider impacts of current crop production on future soil productivity. Because of the soil productivity effects, future crop prices are shown to affect current acreage allocations. Government programs...