This paper investigates the effects of irrational responses on stated willingness-to-pay (WTP) in a contingent valuation study. A significant portion of the respondents stated that they were willing to pay a higher price for irradiated beef which they would avoid consuming due to their concerns...

Dairy in Illinois has declined in farm numbers, cows, and value of dairy product. Alternative dairy systems (intensive grazing, traditional, and a concentrated feeding system) were evaluated for their potential to sustain dairy in Illinois. The economic impact of each system on the Illinois...

The benefit of changing to Variable Rate Irrigation (VRI) from uniform application methods needs to be assessed for technology adoption. Precision irrigation involves water application in optimum amounts. Results indicate that feasibility of precision irrigation depends on field variability,...

An output distance function conditional on the expansion of a second output is presented. These distance functions are used to calculate distinct relative Total Factor Productivity (TFP) scores for two jointly produced products-livestock and crops for 27 countries. From these, TFP growth and...

This study evaluates the rates of return to US wheat research investment, focusing on research spillovers. Results show that research spillovers exist among various classes of wheat. Due to the spillover effects, social rates of return to research investment are substantially higher than the...

The growth of the role of agriculture as a source of energy feedstock has been primarily concentrated on increasing corn use for ethanol. Alternatively, refocusing this growth in the utilization of dedicated energy crops could prove more advantageous as producers of more crops in a wider...