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American Journal of Agricultural Economics

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Most recent articles from American Journal of Agricultural Economics
Differentiation and synergies in rural tourism: estimation and simulation of the Israeli market.(Report)
Rural tourism or alternatively, agritourism, is a rapidly growing industry in Europe and North America, experiencing an annual growth rate of 6%. In many rural areas it has become an important . . .

The problem of free riding in voluntary generic advertising: parallelism and possible solutions from the lab.(Report)
Most agricultural commodities in the United States have programs assessing producers for generic advertising and promotion, a public good for producers. Examples of generic advertising campaigns . . .

Spatial dynamics of water and nitrogen management in irrigated agriculture.(Report)
Irrigated agriculture constitutes approximately 70% of global freshwater consumption. While the nearly 260 million hectares of irrigated land worldwide currently provide 40% of the global . . .

A system comparison approach to distinguish two nonseparable and nonnested agricultural household models.(Report)
Numerous empirical studies have emphasized the importance of nonseparable agricultural household models (AHM), in which a farm household simultaneously determines its production organization with . . .

Implementable Ramsey-Boiteux pricing in agricultural and environmental policy.(Report)
Agricultural producers routinely face price discrimination that is based either on characteristics of the product that they produce, or on the physical manner in which the product is produced. For . . .

An incentive compatible conjoint ranking mechanism.(Report)
Conjoint analysis is one of the most popular marketing research tools, used in hundreds if not thousands of academic and business research studies, e.g., see Green, Krieger, and Wind (2001) or . . .

Decomposing local: a conjoint analysis of locally produced foods.(Report)
Locally grown food is gaining increasing attention in a variety of arenas. The number of farmers markets, which largely purvey locally grown foods and goods, has grown dramatically in the United . . .

Choosing brands: fresh produce versus other products.
Brands tend to generate significant premiums, and thus their uses have been considered in enhancing the value added of farming (Hayes and Lence 2002). Yet, brands are less commonly used in fresh . . .

Welfare effects of technological convergence in processed food industries.(Report)
In the past few decades, the composition of global agricultural trade has shifted decidedly toward processed foods. For instance, processed exports rose an average annual 6% between 1981 and . . .

A cost approach to economic analysis under state-contingent production uncertainty.
Much research has been done on the microeconomics of uncertainty. Under incomplete risk markets, the effects of uncertainty on economic decisions have typically been investigated under the expected . . .

Crop input response functions with stochastic plateaus.(Report)
Estimating crop yield response to fertilizer and determining economically optimal levels of fertilizer has been of interest for many decades. Early efforts to estimate crop yield response . . .

Risk rationing and wealth effects in credit markets: theory and implications for agricultural development.(Report)
In a competitive world of symmetric information and costless enforcement, credit contracts could be written conditional on borrower behavior. Borrowers would then have access to loans under any . . .

What causes spatial variations in economic development in the United States?(Report)
The level of economic development, as measured by income, employment, and other standard of living indicators, is highly uneven across the United States. In 2000, for example, the median . . .

Incentives to reduce crop trait durability.(Report)
In Europe and North America, property rights in the seed sector are based on the Plant Breeder's Rights (PBRs), which grant the plant breeder exclusive rights to a new variety of seed. However, . . .

How reliable are hog futures as forecasts?(Report)
Assuming markets are efficient, it does not seem possible to judge, based purely on conceptual models, whether markets for livestock are more likely to provide more- or less accurate forecasts than . . .

Pre-harvest price expectations for corn: the information content of USDA reports and new crop futures.(Report)
Futures prices play an important price discovery role in the marketing of storable commodities. This function requires that agents (1) have informed expectations regarding the size of the future . . .

The impact of regulations on agricultural trade: evidence from the SPS and TBT agreements.(Report)
Sanitary and Phyto-Sanitary measures (SPS) and Technical Barriers to Trade (TBTs) may play an important role in the conduct of international negotiations. In their July 2006 meeting in . . .

Avocado pests and avocado trade.(Report)
Technical barriers related to pest risks can block or significantly impede market access for agricultural products. One approach to easing these barriers is to shift from import bans to less . . .

Tractors on eBay: differences between Internet and in-person auctions.(Report)
Few sounds capture the rhythm of agricultural economies better than the syncopated cadence of an auctioneer echoing across a clutch of farmers gathered around the auction block. This seemingly . . .

Does participation in the food stamp program increase the prevalence of obesity and health care spending?(Report)
The Food Stamp Program (FSP) is a cornerstone of public assistance and poverty alleviation efforts in the United States, serving nearly 24 million individuals at a cost in excess of 27 billion . . .

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