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Succession Decisions in U.S. Family Farm Businesses
Farm transfer or succession by the “next generation” holds a place of central importance in the determination of industry structure and total number of farmers and has profound implications for farmExpand
The Evolution of Farm Programs and Their Contribution to Agricultural Land Values
The economic environment of agricultural producers has been influenced by formal U.S. agricultural policy for more than seventy years. Among the first pieces of New Deal legislation proposed byExpand
Crop Revenue and Yield Insurance Demand: A Subjective Probability Approach
A multinomial logit is utilized to model the choice of whether to purchase yield or revenue insurance using subjectively elicited survey data. Our results indicate that the demand for crop insuranceExpand
Market Structure Conduct Performance (SCP) Hypothesis Revisited using Stochastic Frontier Efficiency Analysis
Use of efficiency measures as a proxy for performance to test the market structure-conduct-performance (SCP) hypothesis is explored. Utilizing Battese and Coelli specification, we estimate stochasticExpand
Direct and Indirect Shadow Price and Cost Estimates of Nitrogen Pollution Abatement
The implications of treating environmental pollution as an undesirable output (weak disposability) as well as a normal input (strong disposability) on the direct and indirect shadow price and costExpand
Globalisation and Obesity
The WHO has recently announced the global obesity epidemic. An economic model is developed in which globalisation factors generate health externalities and contribute to global obesity growth. TheExpand
Farm Programs And Land Values In Mountain States: Alternative Panel Estimators
Relative proportion of agricultural land values generated by farm program payments, farm returns, and non-farm activity in the mountain region and the U.S are estimated for the period 1939 to 2005.Expand
Impact of biofuel policies on livestock production in the United States
This study was conducted to analyze the direct and indirect effects of ethanol policy on livestock production. Results of the theoretical and empirical model indicate the possibility of ethanolExpand
Yield and Production Costs for Three Potential Dedicated Energy Crops in Mississippi and Oklahoma Environments
The objective of this paper is to determine production costs of switchgrass, eastern gammagrass, and giant miscanthus using Mississippi and Oklahoma data. Production costs were computed using aExpand
Farm Programs And Agricultural Land Values: The Case Of Southern Agriculture
Relative estimates of the proportion of agricultural land values generated by farm program payments and farm returns in the southern region are examined, using state-level data for the period 1940 toExpand