Land use changes to sequester carbon also provide "co-benefits," some of which (for example, water quality) have attracted at least as much attention as carbon storage. The non-separability of these co-benefits presents a challenge for policy design. If carbon markets are employed, then social...

Land reform and asset privatization are essential to the transformation of agriculture from a state controlled to privately operated sector and to its future development in a market oriented economy. Although these are necessary conditions for economic development under a market oriented regime,...

Newly proposed rules governing future CRP enrollments are causing concern among groups interested in using CRP to maintain and enhance waterfowl habitat in the region. A collaborative effort between economists at the Center for Agricultural and Rural Development at Iowa State University and...

This study provides a comparative economic analysis of the primary production of pork and its marketing channel in Spain and the United States. The focus on Spain is due to the profound growth and transformation of its pork sector over the last 20 years, compared with other major players in the...

Production and hedging in both forward and options markets are analyzed for forward-looking firms that maximize expected utility. In the presence of unbiased forward and options prices, it is shown that such firms will use options as hedging instruments. This result contrasts with the...

An important dimension of product differentiation and segregation for specialty crops is the added handling and transaction costs incurred. Some forms of business organization may realize lower costs of providing such services, and if specialty crop production is growing relative to commodity...

People concerned with planning and analysis of the agricultural sector are faced with two general problems which in turn gives rise for two general types of models. One problem involves positive or predictive models which attempt to predict the "real world" as it actually exists based on...

Atrazine is the most widely used herbicide for corn and sorghum and the most commonly encountered in surface water and groundwater. In addition to water quality problems, atrazine poses hazards through atmospheric transport, food residues, and exposure of applicators and wildlife. If atrazine...

The stringent guidelines for producing, harvesting, and shipping certified non-hormone treated beef for the European Union create additional costs that greatly reduce the competitiveness of U.S. beef. What had once been a large market for beef variety meats and then a niche market for...

We use mixed-complementarity-problem programming to implement tariff rate quotas (TRQs) in the global computable general equilibrium (CGE) Linkage model. We apply the approach to TRQs in sugar markets in OECD (Organization for Economic Cooperation and Development) countries. We calibrate the...