With the continuing controversy over genetically modified (GM) foods, some groups advocate mandatory labeling of these products, while other groups oppose labeling. An important issue is how GM labels affect consumers' willingness to pay for these food products in the market. Using a...

The paper presents econometric evidence on off-farm work participation, off-farm hours of work, and on-farm hours of work for U.S. farm operators using a national sample of farmers for the USDA's 1991 Farm Costs and Return Survey.

This study uses new state data to examine the contributions of public agricultural research, extension, and infrastructure to agricultural productivity. The estimated social rates of return (which take into account spillover effects) are high and imply a need for federal or regional institutions...

The objective of this paper is to present econometric evidence of the effects of economic incentives and institutions on national aggregate private agricultural R&D investments. An econometric model of national aggregate annual private R&D investment is specified and fitted to panel data...

This paper reviews agricultural research structural and organizational changes in western developed countries, examines new financing prospects for agricultural research, and provides some tentative conclusions about which organizations are best positioned to provide services for the...