Richard E. Just

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In a recent paper, Hoehn and Randall have argued that, because of a failure to take into account interactions between programs, 'too many proposals pass the benefit cost test'. In this note it is argued that the first of Hoehn and Randall's results is unrelated to policy interactions, and simply imposes an upper bound on aggregate benefits. The second(More)
Agricultural extension continues to offer hope for improving the lives of rural poor in the developing world. Yet the difficulty of achieving that goal persists. This paper proposes a four-stage decision tree for implementing and evaluating the economic sustainability of extension programs that focuses on sources, delivery methods, evaluations, and fiscal(More)
Description: Of immeasurable value to students, faculty, and professionals involved in agricultural economics, finance, policy, and a host of agribusinesses this unique volume brings together leading farmland authorities in the United States and Canada to examine the economic determinants of land value and the consequences of changes in land values. The(More)
Description: The primary objective of this course is to link microeconomic theory with policy analysis. To accomplish this, we will begin by covering methods for measuring welfare outcomes of consumers and producers. Using these measures, we will characterize market outcomes, highlight common types of market failure as well as policy solutions and(More)
While a major focus of econometric climate impact assessments on agriculture has been prediction of overall impacts, future research should identify impact mechanisms and adaptation possibilities. Clarifying specific adaptation possibilities facilitates not only the assessment of potential welfare impacts, but also offers the possibility of evaluating(More)
Over the past twenty years economists have developed econometric approaches for estimating the impacts of climate change on agriculture by accounting for farmer adaptation implicitly. These reduced-form approaches are simple to implement but provide little insights into impact mechanisms, limiting their usefulness for adaptation policy. Recently,(More)
To ensure the safety of older pesticides used in the United States, the EPA required the reregistration of pesticide uses which were first introduced before 1984. Using a dataset of reregistration outcomes for 2722 pesticide uses applied to food crops, I analyze the extent to which these decisions were determined by chronic health risks, pesticide(More)
Among the most prominent contributions of agricultural economists to the development field is the analysis of issues in commodity marketing. The topics include the role of competition among market intermediaries in determining marketing margins, analysis of price risks and the theory of commodity price stabilization. This dissertation consists of three(More)