The allocation of variable inputs among crops is a common problem in applied studies that use farm accountancy data. Standard farm accounting information is typically restricted to aggregate or whole-farm input expenditures; there are usually no details on how these expenditures are split among...

The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics, Volume 89, Number 4, November 2007.

Cooking oil is known as an essential commodity in Indonesia. Having such an important role, the Indonesian government often interfered the cooking oil market to assure its price remain low. To do so, the government uses a subsidy policy as one of its instruments. A dynamic duopoly model is...

This study analyzed the effect of the Loan Deficiency Payment (LDP) program, established under the Federal Agriculture Improvement Reform (FAIR) act of 199, on corn and soybean basis in Missouri. Using daily corn and soybean basis data between 1993 and 1999 for multiple locations in Missouri,...

We investigate biases in farm-level yield risk analysis caused by data aggregation from the farm-level to regional and national levels using the example of Swiss wheat and barley yields. The estimated yield variability decreases significantly with increasing level of aggregation, with crop yield...

In this study, the Heckman procedure was used to analyze the way transaction costs affect smallholder farming households’ participation in banana markets in the Great Lakes region of central Africa. The results reaffirm that fixed transaction costs largely determine a farmer’s...

In this study, we evaluate the spillover effects of the recent U.S. Federal Reserve’s purchase of long-term assets (quantitative easing) on prices of Canadian commodities. The first large-scale asset purchases happened after the Great Recession, at the end of 2008, and the second...

Since the early 1990s, the European Union has financed a lot of specific measures aimed at promoting agroforestry on farms. In fact, the reform of Common Agricultural Policy proposed by the European Commissioner Ray MacSharry has put in place several actions with the predominant aim of changing...