This paper proposes and applies an innovative estimation approach for farm group programming models using Generalised Maximum Entropy. The proposed set-up simultaneously determines calibrating cost function parameters and input allocations to production activities. The methodology is applied to...

Despite the rapid producer adoption of hybrid rice (Oryza sativa L.) in recent years, the economic advantage of hybrid rice in the mid-Southern United States remains disputed. This study compares the economic risk and return of three popularly sown hybrid rice varieties: XL723, Clearfield® (CL)...

I taught AEC 620, Advanced Production Economics, every year between 1974, when I arrived as an assistant professor at the University of Kentucky, to 2012, when I retired. The following publication is one of the early sets of class notes I used in the course, dating from 1978 set up as an early...

This paper investigates some applications of high-resolution, three­ dimensional PC-based computer graphics to research and education in agricultural production economics. Examples illustrate issues in the identification of stages of production for the multifactor case; special cases in which...

This thesis investigates a range of issues related to the industry-level productivity growth in Australia. It approaches the issues from three different, but related angles. First, it derives the estimates of the industry-level multifactor productivity (MFP) index for the 12 market-sector...

This paper examines changes in agricultural productivity in 10 Subsaharan countries. The relative performance of agricultural sector was gauged using data envelopment analysis. From a panel data set of the 10 countries which included the 28-year period 1972-1999, mathematical programming methods...

This paper presents an analysis of agricultural contracts using a transaction costs approach. We contend that in a context of modern agriculture, with well defined property rights, agricultural contracts must balance costs and benefits, aligning tenant and landlord incentives towards a similar...

The interconnections of agriculture and energy markets have increased through the rise in the new biofuel agribusinesses and the oil–ethanol–corn linkages. The question is whether these linkages have a causal structure by which oil prices affect commodity prices and through these links,...

This study investigates the optimal agricultural land use allocation and nitrogen application to arepresentative Japanese farm. The site-specific nature of numerous agri-environmental issues necessitates analysis ata disaggregated level in order to capture the underlying heterogeneity of...