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American Journal of Agricultural Economics

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Most recent articles from American Journal of Agricultural Economics
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 . . .

Pollan, Michael. The Omnivore's Dilemma: A Natural History of Four Meals.(Book review)
Poilan, Michael. The Omnivore's Dilemma: A Natural History of Four Meals. New York, NY: The Penguin Press, 2006, 464 pp., $26.95. Should a serious agricultural economist read this popular . . .

Alpay, Savas. Trade and the Environment: Analysis of Reciprocal Interactions.(Book review)
Alpay, Savas. Trade and the Environment: Analysis of Reciprocal Interactions. Boston: Kluwer, 2002, 215 pp. Interactions between trade and the environment are poorly understood. The inherently . . .

Dixit, Avinash K. Lawlessness and Economics: Alternative Modes of Governance.(Book review)
Dixit, Avinash K. Lawlessness and Economics: Alternative Modes of Governance. Princeton, NJ: Princeton University Press, 2004,167 pp., hardback, $32.80, ISBN 0-691-11486-2. There is no gainsaying . . .

Farmers' health insurance and access to health care.(Author abstract)(Report)
This article investigates health insurance coverage among U.S. farmers, and whether insurance status has an effect on farmers' consumption of health care services. The topic is important, as . . .

Voting for environmental policy under income and preference heterogeneity.(Author abstract)(Report)
When choosing between two otherwise identical products, some consumers are willing to pay a higher price for a product with a reduced environmental impact (e.g., nontoxic detergents, mercury-free . . .

When should uncertain nonpoint emissions be penalized in a trading program?(Author abstract)(Report)
The categorization of pollutant emission sources into point and nonpoint has proven to be useful in large part because point sources are generally viewed as being more certain, more readily . . .

Land cover in a managed forest ecosystem: Mexican shade coffee.(Author abstract)(Report)
To preserve forests and the ecological services they provide, policy makers in developing countries have traditionally relied on establishing protected areas, a strategy that has . . .

Welfare impacts of cross-country spillovers in agricultural research.(intellectual property protection law )(Author abstract)(Re
Advances in private sector plant and animal genetics often have applicability outside the country where the research was conducted. Historically, firms that conducted successful research and . . .

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