The well-known Allais paradox is reformulated as a daily farm decision problem. Only 26% of the farmers exhibit violations of the expected utility hypothesis. Moreover, the tendency for violation decreases with the farm operator's education, experience and family size. No effects of the farm...

Previous empirical studies on the relationship between agricultural growth and farm imports in the LDCs suffer from serious methodological defects, which to some extent may invalidate their results and interpretations. This study used Sims' causality test to examine interactions between...

The study investigates the value of additional information on the response function to soil salinity of a given crop (potatoes), with regard to a stochastic long-run optimization model for utilization of saline water in a single-farm framework. The analysis provides a conceptual and...

Recent trends in the developments of the Common Agricultural Policy suggest an increasing attention towards rural development issues. On-farm processing may offer an alternative for diversification, income generation and rural development in the event of increasingly deregulated agricultural...

New technologies must be developed in sub-Saharan Africa which are sustainable and economically viable. This paper discusses a methodology for measuring the agricultural sustainability and economic viability of tropical farming systems for new technology evaluation. The approach is based on the...

This paper uses a flexible (translog) production function to estimate efficiency of 227 farms from West Bengal, India. We consider estimation of technical and allocative inefficiencies using a profit maximising framework which accommodates both endogenous and exogenous inputs. The maximum...

This paper compares three models of input allocation in multicrop systems. In addition to the variable input and satisficing models analyzed in previous research, an allocatable fixed input model of short-run input use is derived. The empirical application studies irrigation water use in the...

In this paper an attempt is made to examine the rational expectations hypothesis for the goat-meat sector in Greece within the framework of a single equation method that describes the factors affecting demand and supply. The structural equations of the model are estimated by applying the...

Over the past decade national policymakers have grappled with the increasingly difficult issue of implementing programs which sustain the viability of the rural health care system. The set of problems that are of major concern to these decisionmakers include: (1) the shifts in the utilization...

Growth in agriculture depends on many things but one of the most important is investment in agricultural research. Decision making in the agricultural research policy area can only be aided by access to better information. This article overviews a recent endeavor to move policy dialogue beyond...