Previous studies of historical risk have used either nominal or real data to calculate risk measures for agricultural prices and income. However, the effects of using nominal and real data have not been evaluated. This study utilizes theoretical variance approximation relationships to examine...

Principal component analysis in employed to develop indices that distinguish between participants and nonparticipants in Integrated Pest Management (IPM) programs. Results of incorporating these indices into yield, net return, and production cost functions for cotton producers indicate that both...

The 1997 merger of two USDA agencies, the Agricultural Stabilization and Conservation Service and the Farmers Home Administration, into the Farm Service Agency created a need for consistent finance training. A highly successful Penn State Cooperative Extension borrower training program was...

It has been hypothesized that differentially applied environmental regulations create pollution havens, as firms will choose to invest in countries with lax environmental standards. Using a theoretical model of pest control adoption and an empirical spatial equilibrium model, we examine one such...