This study examines the impact of distance among competing bank locations on market their pricing behavior. A general spatial autoregressive model that nests both spatial autoregressive and spatial error models is used to examine the impact of distance on pricing behavior of 686 non-metro banks...

This study aims to understand the relationship between regional growth in population, employment, and per capita income, and agricultural land values and development in the Northeast United States. A system of spatial simultaneous equations is estimated using three-stage-least squares on county...

Structural adjustment in less developed countries has often mandated removal of state-run marketing boards to enhance efficiency in the marketing chain and to raise farm income. Concerns have been mounting about the negative side effects of cocoa market liberalization, including replacement of...

The enforcement of contracts is necessary for efficient exchange in economic activities. The predominance in agriculture of informal contracts leads in many countries to the implementation of specific legal rules for contract law. This article emphasises the complementarities between public and...

Paper removed by author. Please see the current version in the July 2008 issue of the Southern Economic Journal, Volume 75, Number 1, pages 173-187.

Replaced with revised version of paper 06/01/06.

The failure of the development of commercially viable traditional crop insurance products and innovations in financial markers has fed a renewed interest in the search for alternatives to help producers in developing countries manage their risk exposure. Salient among these is the proposal of...