The biotechnology industry has experienced remarkable growth since its inception, and growth prospects are strong for the remainder of the decade. In this article, the authors develop a formal model to discern factors affecting the location of biotechnology firms. The number of biotechnology...

Lack of access to nutritious and affordable food has become an important public policy issue in the U.S.: various interest groups are seeking to reverse a trend whereby certain areas lack larger, full-service grocery stores that provide “higher” quality foods. Based on game-theoretic...

After discussing basic principles of school finance, and comparing selected education-related variables in southeastern states, this paper examines how schools districts are financed in Kentucky. Emphasis is given to issues of funding adequacy, efficiency and equity, and the lawsuit culminating...

Although most countries in the world are rapidly urbanizing, the majority of the global population – particularly the poor – continue to live in rural areas. This Handbook rejects the popular notion that urbanization should be universally encouraged and presents clear evidence of...

This article reviews the literature that evaluates WalMart’s impacts on local economies. The authors first describe the methods used to account for potential reverse causality of WalMart’s store location decisions, and then they discuss the literature assessing the company’s...

The authors of a recent Brookings report argue that Pennsylvania’s lackluster economic performance, including a high rate of loss of young residents (age 25-34), is partly due to fragmented local units of government hindering comprehensive and regional approaches to stimulating economic...

Using the fact that connections between vertices of a network often represent directed and weighted flows, we apply hydraulic principles to develop novel insights into network structure and growth. We develop a network model based on Bernoulli's principle and use it to analyze changes in network...

In agriculture, studies dealing with the separation of ownership from control have focused on sharecropping, paying little attention to the impact of management and ownership on efficiency. Using Argentine data, this study tests the hypothesis that efficiency is a function of type of management,...

Multifunctionality of agriculture is being heralded as a way to achieve food and fiber production while simultaneously providing ecological services and promoting rural development through the establishment of new enterprises. However, in order for multifunctional agriculture to achieve these...