Taiwan is located in an area affected by Northwest Pacific typhoons, which are also one of the most important sources of rainfall to the island. Unfortunately, the abundant rainfall brought by typhoons frequently produces hazards. In recent years, typhoons and floods have caused serious damage,...

An agricultural sector model based on the principle of economic welfare maximization was modified to derive the supply schedules for carbon sequestered by afforestation in Taiwan. Competition for land between agricultural and forest enterprises provided the basis for simultaneous price...

This study examines the impact of weather on the yields of seven major crops in Taiwan based on pooled panel data for 15 prefectures over the 1977-1996 period. The unit root tests and maximum likelihood methods involving a panel data model are explored to obtain reliable estimates. The uncertain...

We investigate government-subsidised credit effects on participating financial institutions' performance in terms of cost efficiency. Using farmers' credit unions in Taiwan as an example, we find that credit unions' cost inefficiency is positively correlated with the extent of involvement in...

The welfare benefits from potential rice yield-enhancing and water-saving research programs and their distributional implications under alternative farm program provisions are compared. This is done in an ex ante surplus maximization framework by using a multiregional, price endogenous...

Optimal control models of aggregate milk supply and demand behavior are used to describe the optimal phasing of the deregulatory dairy price support in the presence of supply growth. Producers are assumed to face costs of adjustment, and are myopic with respect to price expectations and the...

This paper attempts to identify the patterns and determinants of the levels of IIT between Taiwan and ASEAN-5 during the past three decades. Our empirical results confirm the belief that IIT between Taiwan and ASEAN-5 in the agro-food sector has been growing over time. Although industry-specific...

In this article, a nonparametric approach is used to incorporate risk into the measurement of technical efficiencies of the major financial intermediaries in rural Taiwan. Risk is treated as a joint but undesirable output given the fact that various regulatory actions may prevent its free...