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American Journal of Agricultural Economics

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Most recent articles from American Journal of Agricultural Economics
Behavioral incentives, equilibrium endemic disease, and health management policy for farmed animals.(Author abstract)(Report)
Infectious animal diseases that are endemic, or common, in a region generate a variety of significant adverse economic consequences for that region. Most directly, mortality, morbidity, barrenness, . . .

An integrated epidemiological-economic analysis of foot and mouth disease: applications to the Southern Cone of South America.
Animal disease outbreaks present significant costs to affected countries, especially when the livestock sector is large and substantially integrated into international export markets. For . . .

Modeling farm households' price responses in the presence of transaction costs and heterogeneity in labor markets.
The agricultural development literature has long recognized that rural markets are often underdeveloped or absent. These market imperfections create transaction costs and, if transaction costs . . .

Structural estimation of rank-order tournament games with private information.
In most sporting events, prizes are awarded not on basis of absolute performance but based on relative performance, or tournaments. Besides sporting events, tournaments are also frequently used in . . .

Deregulation as (welfare reducing) trade reform: the case of the Australian Wheat Board.
State trading enterprises (STEs) in the agriculture sector have two characteristics that distinguish them from commercial, profit-maximizing firms. First, they are given by government certain . . .

Cash marketing styles and performance persistence.
One decision that has long troubled crop producers is when to sell their commodities. Producers can choose to sell based on either a mechanical or an active marketing style. With a mechanical . . .

Style and performance of agricultural market advisory services.
Marketing decisions are an important part of farm business management. Farmers are interested in enhancing farm income and reducing income variability when marketing crops. There are many tools to . . .

Valuing agricultural insurance.
Agricultural insurance, in its various guises, has a spotty history in the United States. For the most part, multiple-peril insurance products are not commercially viable without government . . .

Private crop insurers and the reinsurance fund allocation decision.
A unique aspect of the federal crop insurance program since passage of the Federal Crop Insurance Act of 1980 has been the role of private insurance companies in program delivery and risk sharing . . .

Pricing-to-market: price discrimination or product differentiation?
Movements in exchange rates can have an important influence on an imperfectly competitive exporter's pricing behavior. Exchange rates create a wedge between the price set by the exporter and the . . .

Measuring the impact of meat packing and processing facilities in nonmetropolitan counties: a difference-in-differences approach
Meat packing and processing facilities have a prominent, yet controversial presence in rural counties of the South and the Midwest. On the one hand, attracting agricultural processing facilities is . . .

Andrews Donald and James Stock, eds. Identification and Inference for Econometric Models: Essays in Honor of Thomas Rothenberg.(
Andrews Donald and James Stock, eds. Identification and Inference for Econometric Models: Essays in Honor of Thomas Rothenberg. Cambridge: Cambridge University Press, 2005, 573 pp., $75.00. This . . .

Easterlin, Richard A. The Reluctant Economist: Perspectives on Economics, Economic History, and Demography.(Book review)
Easterlin, Richard A. The Reluctant Economist: Perspectives on Economics, Economic History, and Demography, New York: Cambridge University Press, 2004, 285 pp., $75. The argument Professor . . .

Cox, Andrew. Win-Win? The Paradox of Value and Interests in Business Relationships.(Book review)
Cox, Andrew. Win-Win? The Paradox of Value and Interests in Business Relationships. Earlsgate Press (www. earlsgatepress.com), 2004, 296 pp. Managers often enter into business relationships that . . .

P. Aghion and A. Banerjee. Volatility and Growth: The Clarendon Lectures in Economics.(Phillipe Aghion,Abhijit Banerjee )(Book r
P. Aghion and A. Banerjee. Volatility and Growth: The Clarendon Lectures in Economics. Oxford University Press, 2005, Oxford, UK. ISBN 0-19-924861-3, Price $35.00. In February of 1999, Philippe . . .

Nelson, Douglas R., and Hylke Vandenbussche. The WTO and Anti-Dumping.(Book review)
Nelson, Douglas R., and Hylke Vandenbussche. The WTO and Anti-Dumping, volume I. Cheltenham, UK: Edward Elgar, 2005,1,248 pp., $500.00 hardback (for both volumes I and II). Volume I of this . . .

Modeling starting point bias as unobserved heterogeneity in contingent valuation surveys: an application to air pollution.(Autho
Contingent valuation (CV) studies are increasingly used to evaluate nonmarket goods and services, environmental goods or health care programs, and thus affect decision making and policy . . .

Pareto optimal trade in an uncertain world: GMOs and the precautionary principle.(Genetically modified organisms)
Genetically modified organisms (GMOs) and applications of the Precautionary Principle (PP) to GMOs have recently been the focus of several agricultural trade disputes. Acceptance of GMOs, as well . . .

Is there a viable market for area-based crop insurance?(U.S. Federal Crop Insurance Program, provision of Multiple Peril Crop I
From its inception in 1938 the U.S. Federal Crop Insurance Program (FCIP) has provided Multiple Peril Crop Insurance (MPCI) policies that protect against individual farm yield losses. Since the mid . . .

Wildlife damage and agriculture: a dynamic analysis of compensation schemes.
The two principal threats to African wildlife are agricultural expansion and hunting. Increasing human populations are associated with greater conversion and fragmentation of wild habitats, and . . .

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