The Life Cycle - Permanent Income Hypotheses (LCPIH) suggests that the timing of an income payment or government transfer should have no effect on the expenditures of the recipient. In this paper we test the LCPIH against a dynamic model of household consumption which predicts clustered food...

"This paper develops a multiperiod investment portfolio model that includes risky farmland, risky and risk-free nonfarm assets, and debt financing on farmland in the presence of transaction costs and credit constraints. The model is formulated as a stochastic continuous-state dynamic programming...

The Supermarket Panel collects data annually from individual supermarkets on store characteristics, operations, and performance. It was established in 1998 by the Food Industry Center as the basis for ongoing study of the supermarket industry. The Panel is unique because the unit of analysis is...

The objective of this research is to investigate whether agricultural cooperatives can facilitate smallholder farmer access to input and product markets. Farmers in two case study communal areas of KwaZulu-Natal face high transaction costs as reflected primarily in their low levels of education...

This paper presents the principles of cooperation and briefly describes the history and development of agricultural cooperatives in developed and less-developed countries, with particular emphasis on South Africa. A new Cooperatives Act, based on international principles of cooperation, was...

Some hypothesize that poor consumers pay more for food because stores that serve them have higher costs. We assess how supermarket characteristics and operating costs differ with the percentage of sales from food stamp redemptions. Results do not support the hypothesis that costs are higher for...

Collaboration and advanced information technology are considered essential for successful supply chain management. The effect of supply chain factors, along with store characteristics, market characteristics, and competitive position are considered upon performance measures for sales...