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American Journal of Agricultural Economics articles

2,255 total articles

This publication provides research and scholarly work in agricultural economics, including in the fields of natural resources and the environment and rural and community development.

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Recently added articles from American Journal of Agricultural Economics:

The cotton influence index: an examination of U.S. cotton subsidies.

May 01, 2009; ... The Farm Security and Rural Investment Act of 2002 provides financial support to producers of corn, wheat, rice, soybeans, and cotton. Among commodities covered by the bill, the support given to cotton is by far the highest (Gardner 2006, pp. 14-19). Yet, there is no empirical political ...

Standards as barriers versus standards as catalysts: assessing the impact of HACCP implementation on U.S. seafood imports.(Report)

May 01, 2009; ... As one of the world's largest producers and importers of fishery products, the issue of seafood safety is of particular concern to the United States. The risks associated with domestic and imported products motivated the introduction of a mandatory Hazard Analysis Critical Control Points ...

Insuring against losses from transgenic contamination: the case of pharmaceutical maize.(Report)

May 01, 2009; ... Pharmaceutical crops are those that have been genetically adapted to produce recombinant proteins such as antibodies, enzymes, and vaccines for use in human and animal medicine. To date, these crops have typically been grown on small experimental plots and are viewed as less expensive and ...

Highgrading in quota-regulated fisheries: evidence from the Icelandic cod fishery.(Report)

May 01, 2009; ... Different species and sizes of fish usually occupy the same habitat, and fishers have only imperfect control over their catch. A profit-maximizing fisher has an incentive to discard less valuable fish at sea, a practice commonly referred to as highgrading. The strength of this incentive ...

Defining access to health care: evidence on the importance of quality and distance in rural Tanzania.

May 01, 2009; ... Since the Alma-Ata declaration (World Health Organization 1978), developing countries have focused on expanding the coverage of curative health services. During this expansion, much of the literature focused on measuring the distance to the nearest facility (e.g., Stock 1983; Kloos 1990) ....

Impacts of low-cost land certification on investment and productivity.(Report)

May 01, 2009; ... A new wave of land reforms has hit Africa, typically aiming to provide more private and secure property rights to land. Formalization of land rights are being promoted by the Commission for Legal Empowerment of the Poor, The World Bank, UN organizations, and many donor countries. Yet, it ...

Public investment and industry incentives in life-science research.

May 01, 2009; ... A substantial body of analysis has developed on the returns to, and structure and organization of, public agricultural research (Huffman and Evenson 1992, 2006; Alston, Norton, and Pardey 1995; Fuglie et al. 1996; Foltz, Kim, and Barham 2003). Less attention has been directed to the ...

The procompetitive effect of demand-enhancing check-off programs.

May 01, 2009; ... In 1937, the U.S. Congress passed the Agricultural Marketing and Agreement Act (AMAA), enabling the development of marketing orders designed to restore market stability by compelling firms to act collectively in the marketing of their goods. (1) Over the years, the AMAA has been amended, ...

Valuation of new products in attribute space.

May 01, 2009; ... Since January 2001, U.S. food manufacturers introduced over 27,000 new food products to supermarket shelves (Mintel 2007). The addition of new formulas, new varieties/line extensions, and new packaging further increases this total to almost 82,000 products/product changes over the same ...

Food stamps and food spending: an Engel function approach.(Survey)

May 01, 2009; ... Policy-makers have been demanding stronger evidence showing the beneficial effect of Food Stamp Program (FSP) participation on food spending, nutrition, and food security outcomes (Office of Management and Budget 2006). The FSP is the nation's largest food assistance program and a ...

A multivariate evaluation of ex ante risks associated with fed cattle production.

May 01, 2009; ... Cattle feeding can be a risky venture. From the time of cattle placement to finishing, which usually lasts three to five months, the value and profitability of cattle can change immensely. Most of this risk comes in the form of fed and feeder cattle price risk, but can also come from large ...

Integrating technology traits and producer heterogeneity: a mixed-multinomial model of genetically modified corn adoption.(Report)

May 01, 2009; ... Economic models of agricultural technology adoption have long emphasized how heterogeneity in farm and farmer characteristics shape decisions, with scant attention paid to the role of traits within the technologies themselves (Feder, Just, and Zilberman 1985). Standard theoretical and ...

Optimal investment in transportation infrastructure when middlemen have market power: a developing-country analysis.

May 01, 2009; ... High transportation costs and buyer market power are recognized as important factors that contribute to high marketing margins and low farm prices and incomes in many developing country settings. High transportation costs are due to several factors, including difficult terrain, poorly ...

The welfare economics of a biofuel tax credit and the interaction effects with price contingent farm subsidies.(Report)

May 01, 2009; ... Biofuels have generated a great deal of interest worldwide as a solution to a host of problems, ranging from reducing dependency on oil and tax costs of farm programs to improving farm incomes and environmental quality (Miranowski 2007). Ambitious goals for the use of biofuels are being ...

On the consumer value of complementarity: a benefit function approach.

May 01, 2009; ... The concept of complementarity has been a standard part of economic analysis (e.g., Hicks 1956; Samuelson 1950, 1974). Intuitively, two activities are complementary if increasing one has a positive effect on the value of the other. Hicks (1956) was the first to provide a systematic ...

Inventories and public information in private negotiation: a laboratory market study.

May 01, 2009; ... Prices in many business-to-business transactions are not discovered through the simultaneous interaction of numerous sellers and/or buyers, such as in an auction or well-developed posted-price market. Instead, prices and possibly other terms of trade are decided through negotiation, for ...

How closely do hypothetical surveys and laboratory experiments predict field behavior?

May 01, 2009; ... There is perhaps no more important question for researchers working with survey and experimental preference elicitation methods than whether the elicited values accurately predict real-world field behavior. A great deal of attention has been devoted in recent years to refining preference ...

A comment on weak disposability in nonparametric production analysis.

May 01, 2009; ... In a recent paper in this journal, Kuosmanen (2005) discusses the notion of weak disposability of outputs and how it may be implemented in a nonparametric activity analysis model. In its original implementation in Shephard (1974), a single disposability parameter was employed for all ...

Weak disposability in nonparametric production analysis: reply to Fare and Grosskopf.(Formula)

May 01, 2009; ... The traditional approach to modeling weak disposability in the nonparametric activity analysis models (Shephard 1974) applies a single abatement factor for all observed activities in the sample. The recent article by Kuosmanen (2005) argues that the correct implementation of the weak ...

Cooper, Joseph, Editor. Global Agricultural Policy Reform and Trade: Environmental Gains and Losses.(Book review)

May 01, 2009; ... Cooper, Joseph, Editor. Global Agricultural Policy Reform and Trade: Environmental Gains and Losses. Cheltenham, UK: Edward Elgar, 2005, 202 pp., $35.00. Many activists seem to accept as axiomatic that trade harms the environment. They point to adverse impacts simply because ...