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I develop a two-period stochastic dynamic programming model to explain the interaction between fertilizer use and off- farm labor supply. Using a well-known sample of Indian farmers, I find that fertilizer use responds strongly to the village wage and that irrigation raises fertilizer use, while...
Persistent link: https://www.econbiz.de/10014091496
In 1996 the federal government enacted the Federal Agriculture Improvement and Reform (FAIR) Act, which represented a sweeping change in public policy toward agriculture. This paper examines the impact of the FAIR legislation on farmland values across the U.S. Corn Belt. A representative farm...
Persistent link: https://www.econbiz.de/10014150690
This dissertation includes three essays that consider the role of quality variation within agricultural production when consumers are heterogeneous in their preferences for quality. The first essay, 'The Welfare Benefits of USDA Beef Quality Certification Programs,' estimates the consumer...
Persistent link: https://www.econbiz.de/10009431271