Natural Resource Accounting (RCA) combines national income and product accounting concepts with analysis of natural resource and environmental issues. This paper considers this approach for the RCA Appraisal required by the Soil and Water Resources Conservation Act. Recent natural resource...

Policies to counter the growing discrepancy between economic opportunities in rural and urban areas have focused predominantly on expanding manufacturing in rural areas. Fundamental to the design of these strategies are the relative costs of production and productivity of manufacturing in rural...

This paper investigates whether a small country facing foreign price instability benefits from active stabilization of the domestic price of the importable. For example, the European Community can be treated as a small open economy facing price instability of agricultural products originating in...

Economic restructuring in rural areas of the Midwest has stimulated a myriad of initiatives. This paper examines recent economic development patterns in the rural Midwest and reviews traditional policy approaches prescribed for dealing with rural problems. These approaches relate to resource...

The livestock and dairy industries are consolidating and concentrating within confined geographical areas. Accompanying these structural adjustments that are under way in the dairy and livestock industries is the potential for increased point and nonpoint source pollution problems from animal...

Concern about environmental impacts of nitrogen fertilizer use is increasing. Mainstream agriculture is dependent on nitrogen fertilizer and use patterns are polluting water resources. A five cent tax on nitrogen fertilizer is shown to have three benefits. National nitrogen fertilizer use is...

The Japanese pork market is protected by a complex set of restrictions, including a variable levy and an import tariff. The combination of these policies distorts the quantity, price, and form of Japanese pork imports. An important issue relevant to the liberalization of the Japanese pork market...

Strategic trade in international markets is important for agricultural and other basic commodities. State trading companies (STCs) and large private firms control most of the trade volume. In this study the authors use concepts of modern game theory to treat time inconsistency issues associated...

This paper analyzes the incidence of agricultural commodity programs. Producers advocate commodity programs and receive price subsidies, but free entry and perfectly elastic supplies of nonland inputs ensure that landowners extract the entire surplus from price subsidies. Moreover, an increase...

Soil erosion as an on-site problem received much attention in the 1985 Food Security Act (FSA), which established programs for the Conservation Reserve and conservation compliance. The 1985 FSA explicitly linked farmers' resource use and conservation activities to benefits received from...