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American Journal of Agricultural Economics

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Most recent articles from American Journal of Agricultural Economics
Shivakoti, Ganesh P., Douglas L. Vermillion, Wai-fung Lam, Elinor Ostrom, Ujjwal Pradhan and Rober Yoder (Eds.) Asian Irrigation
Shivakoti, Ganesh P., Douglas L. Vermillion, Wai-fung Lam, Elinor Ostrom, Ujjwal Pradhan and Rober Yoder (Eds.) Asian Irrigation in Transition: Responding to Challenges. New Delhi: Sage, 2005, 528 . . .

Bromley, Daniel W. Sufficient Reason: Volitional Pragmatism and the Meaning of Economic Institutions.
Bromley, Daniel W. Sufficient Reason: Volitional Pragmatism and the Meaning of Economic Institutions. Princeton, NJ: Princeton University Press, 2006, 244 pp., $35 This book builds upon Bromley's . . .

Johnson, Thomas G., Daniel M. Otto, Steven C. Deller (eds.) Community Policy Analysis Modeling.(Book review)
Johnson, Thomas G., Daniel M. Otto, Steven C. Deller (eds.) Community Policy Analysis Modeling. Ames, IA: Blackwell Publishing, 2006, 287 pp., $99.99. Seasoned readers who follow developments in . . .

Cohen, Daniel, Globalization and Its Enemies.(Book review)
Cohen, Daniel, Globalization and Its Enemies. MIT Press, Cambridge, Massachusetts, 2006, 192 pp. In this immensely readable book, Daniel Cohen tackles issues such as the ability of markets to . . .

Maler, Karl-Goran and Jeffrey R. Vincent, eds. Handbook of Environmental Economics. Volume 3. Economywide and International Envi
Maler, Karl-Goran and Jeffrey R. Vincent, eds. Handbook of Environmental Economics. Volume 3. Economywide and International Environmental Issues. Amsterdam: Elsevier, North-Holland, 2005, 556 . . .

Willingness to pay for agricultural land preservation and policy process attributes: does the method matter?
Farmland preservation may be accomplished using a variety of policy techniques and implemented by a range of public and private agents. (1) The stated preference (SP) literature is clear with . . .

Aggregation of price risk over commodities: an economic index number approach.
Index number theory is commonly used to motivate aggregation of prices over commodities. In particular, three price indexes (Fisher, Tornqvist, Walsh) are favored by the most popular criteria . . .

The matching problem (and inventories) in private negotiation.
Many transactions in the food and fiber sector are conducted through private negotiation. A buyer and a seller, or respective agents, meet and haggle over price and possibly other features of . . .

Is exchange rate pass-through in pork meat export prices constrained by the supply of live hogs?(Author abstract)(Report)
Broad globalization pressures and increased concentration in downstream levels of agri-food supply chains have spurred a keen interest in the relationship between competition, export prices, . . .

Supply response to countercyclical payments and base acre updating under uncertainty: an experimental study.
The 2002 Farm Security and Rural Investment Act contains two features that added complexity to farmers' planting decisions, and may have introduced new incentives that make cropping decisions . . .

Deriving a flexible mixed demand system: the normalized quadratic model.
A major thrust of the system-wide approach to empirical demand analysis has been to specify models that are integrable into well-behaved preferences. The restrictions of consumer theory help, . . .

Credence good labeling: the efficiency and distributional implications of several policy approaches.
Increasingly, consumer goods are differentiated by process-attributes, e.g., organically produced food, dolphin-safe tuna, free-range poultry, genetically modified organism (GMO)-free . . .

Measuring heterogeneous preferences for cattle traits among cattle-keeping households in East Africa.(Author abstract)(Report)
In spite of the crucial role livestock plays in the economies of many sub-Saharan African countries, livestock productivity remains relatively low in the region. Several studies have shown that . . .

Risk, wealth, and sectoral choice in rural credit markets.
In developing countries, informal and formal credit sectors coexist in spite of large interest rate differentials. This coexistence is troubling given the recent wave of financial liberalization . . .

Testing household-specific explanations for the inverse productivity relationship.
The inverse relationship between land productivity and farm size has puzzled economists for a long time. (1) Chayanov (1926) first documented that small farms produced more output per unit of land . . .

Is risk aversion really correlated with wealth? How estimated probabilities introduce spurious correlation.
Economists attribute many common behaviors to risk aversion. These precautious behaviors often appear to be rational, but sometimes seem quite pernicious. Risk aversion, for example, is frequently . . .

Collective marketing arrangements for geographically differentiated agricultural products: welfare impacts and policy implicatio
We explore the microeconomic foundations and welfare implications of various mechanisms designed to encourage agricultural producers to geographically differentiate and collectively market their . . .

Measuring the effects of generic dairy advertising in a multi-market equilibrium.
Numerous studies have examined the effectiveness of producer-funded generic promotion for milk and for cheese (among others, Blisard et al. 1999; Kaiser 1997, 1999; Kaiser and Chung 2002; Liu and . . .

Willingness to pay versus expected consumption value in Vickrey auctions for new experience goods.
Very often consumers face a choice between a well-known incumbent brand and a new brand for which they are uncertain about the quality. Learning the quality of the new brand can affect future . . .

Gender-based harvesting in wildlife disease management.
The spread of wildlife diseases is a major threat to agricultural livestock, human health, natural resource-based industries, and biodiversity conservation (Lanfranchi et al. 2003). (1) Yet . . .

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