In 1944, Marschak and Andrews published a seminal paper on how to obtain consistent estimates of a production technology. The original formulation of the econometric model regarded the joint estimation of the production function together with the first-order necessary conditions for...

The studys overall goal is to create a framework for assessing the trends of China's national and international investment in agricultural research and to measure its impact on total factor productivity. The main methodological contribution is to provide more convincing measures of crop-specific...

The appearance of organic produce is often less than perfect because of limited methods of avoiding plant diseases. We combine hypothetical and real auction mechanisms to investigate how cosmetic damage affects consumers’ willingness to pay for apples. We find that 75% of the participants...

The effect of stochastic factors on soil carbon makes the quantity of carbon generated under a sequestration project uncertain. Hence, the quantity of sequestered carbon may need to be discounted to avoid liability from shortfalls. We present a potentially applicable uncertainty discount and...

The incentives researchers face depend directly upon what we as a profession value. The impacts of research can be either disciplinary by adding to economic knowledge or real world by being useful to economic agents. Various measures of research impact such as publications, citations, and...

The Morishima elasticity of substitution (MES) is estimated to address factor substitutability in Florida agriculture during 1960-1999. By adopting a profit maximization model of induced innovation theory, the MES's between hired and self-employed labor and the MES's between labor and capital...

This paper assesses the potential economic impacts of balanced nutrient management systems technology options: BNMS-manure, which combines inorganic fertilizer and organic manure, and BNMS-rotation, which is maize–soybean rotation, in maize-based systems in the northern Guinea savanna...

Poverty is higher in most African countries than elsewhere in the developing world, and highest in the rural areas. Accelerating growth in agriculture will therefore be critical to sustain growth and reduce poverty, but policy makers are unsure which sub-sector will yield the highest return for...

Researchers generally assume spatial homogeneity when assessing the factors that influence farmers to adopt improved agricultural technologies. However, the potential for spatial heterogeneity is high due to, for example, neighborhood effects such as farmers sharing information about new...

A major push supporting improved data collection and analysis is required if African countries are to successfully design and implement results- based Poverty Reduction Strategy Programs (PRSP) and the Comprehensive Africa Agricultural Development Program (CAADP) being promoted by the New...