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  • Articles  (474)
  • Oxford University Press  (474)
  • American Geophysical Union
  • American Physical Society (APS)
  • 2015-2019  (474)
  • 2018  (474)
  • Economics  (474)
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  • Articles  (474)
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  • 2015-2019  (474)
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  • 1
    Publication Date: 2018-03-06
    Description: In January 2016, a Priorities and Solutions Project was initiated to identify the most pressing issues facing society with input from a broad spectrum of the agricultural and applied economics profession. This consensus-building endeavor was facilitated by the Council on Food, Agriculture and Resource Economics (C-FARE), working in partnership with the Agricultural and Applied Economics Association (AAEA). The Economic Research Service (ERS) of the USDA provided expertise and logistical support.1 1 The Priorities and Solutions Project is intended to provide the profession with the opportunity to shape its own future by identifying and communicating research opportunities to our profession, our stakeholders, policymakers, and the public. Agricultural and applied economists can work to provide solutions to some of society’s most difficult problems or challenges. This special issue is based on the findings of the project.
    Print ISSN: 2040-5790
    Electronic ISSN: 2040-5804
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 2
    Publication Date: 2018-03-06
    Description: Research priorities for the U.S. farm economy include increasing the productivity and cost efficiency on current land resources while understanding production agriculture across the globe. Providing unbiased objective analysis to policymakers with regard to commodity programs, insurance markets, agricultural credit, and the production of bioenergy are important issues that directly affect not only the U.S. farm economy but other agricultural regions. The ability to manage risk, the increasing complexity of farm operations, the ability of the U.S. farm sector to be nimble to changes in individual and societal preferences, and the efficient discovery of information through efficient markets offer a wealth of research opportunities.
    Print ISSN: 2040-5790
    Electronic ISSN: 2040-5804
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 3
    Publication Date: 2018-03-06
    Description: Climate change is not just a topic for the future—it is already producing real consequences. Economically, the issue has three principal dimensions: impacts, that is, how vulnerable are we; adaptation, that is, what can we do to reduce the impacts by altering operations; and mitigation, that is, what can we do to reduce the drivers causing climate change and thus the long-term extent of climate change? All of these issues have economic dimensions, including appraising damages and the value of effects reducing actions, as well as the formulation of efficient policies. Thus, it is not surprising that this is both an active agricultural economic research area and one with many more research possibilities. We review the impacts, adaptation, and mitigation literature, identifying issues, summarizing main findings, commenting on methods, and pointing out research needs, with a special focus on what agricultural/applied economists have to offer.
    Print ISSN: 2040-5790
    Electronic ISSN: 2040-5804
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 4
    Publication Date: 2018-03-06
    Description: We compare the food values in the USA and Norway using the best–worst scaling approach. The food values examined are aimed at capturing the main issues related to food consumption such as naturalness, taste, price, safety, convenience, nutrition, novelty, origin, fairness, appearance, environmental impact and animal welfare. Results show that respondents in both countries have mostly similar food values, with safety being the most important value; while convenience and novelty are the least important values. Specifically, US respondents consider price more important and naturalness less important than Norwegian respondents.
    Print ISSN: 0165-1587
    Electronic ISSN: 1464-3618
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 5
    Publication Date: 2018-03-06
    Description: Agritourism attractions are a commonly chosen alternative in farm diversification. Some attractions are based on active farms, while others are based on rural ambience. We model and estimate the agritourism attraction market as a differentiated-goods market based on Israeli market data and simulate different scenarios. We show that total welfare increases when attractions are based on rural ambience rather than on active farms. We also show that an indirect support scheme has a stronger impact on total welfare than a direct scheme.
    Print ISSN: 0165-1587
    Electronic ISSN: 1464-3618
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 6
    Publication Date: 2018-03-06
    Description: This paper presents the EU-wide individual farm-level model (IFM-CAP) applied to assess the economic effects of CAP greening. IFM-CAP is a static positive programming model developed to capture the full heterogeneity of EU farms in terms of policy representation and impacts. Simulation results show that, although the proportions of farms and utilised agricultural area (UAA) subject to CAP greening are sizeable (55 per cent of all farms and 86 per cent of UAA) at EU-27 level, the reallocated area caused by CAP greening represents only 4.5 per cent of UAA. Farm income and total production both decrease by 1 and 0.9 per cent, respectively. In total, around 29 per cent of the farm population is affected by CAP greening in the EU-27.
    Print ISSN: 0165-1587
    Electronic ISSN: 1464-3618
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 7
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    Oxford University Press
    Publication Date: 2018-03-06
    Description: 1910–12
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 8
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    Oxford University Press
    Publication Date: 2018-03-06
    Description: 1957
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 9
    Publication Date: 2018-03-06
    Description: The objective of this case study is to examine the farm management decision of whether to adopt a new, genetically engineered potato variety. We describe the potato supply chain from seed production to final consumer products and explore how price and production risk interact to influence decision making at each link in that chain. We provide extensive supplemental material as well, including a teaching note with assignment and/or discussion questions, an introduction to and application of stakeholder theory, and a tool that assists students in calculating expected and simulated actual returns from their choice of potato variety.
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 10
    Publication Date: 2018-03-06
    Description: Sixty years ago, T.W. Schultz introduced the idea of the productivity “residual” to agricultural economics (1956). Schultz’s main message was that growth in conventional inputs accounted for little of the observed growth in agricultural output, and that there was work to be done by agricultural economists to understand and ultimately eliminate this unexplained residual called “productivity.” Thus was launched the economics of agricultural productivity as a sub-field within agricultural economics, along with the economics of agricultural R&D and innovation and related government policy. Much progress has been made in the decades since. Still, critical issues remain unresolved. This matters because agricultural innovation and productivity matter, and so do the related policies that rest to some extent on our established understanding of the economic relationships. In this paper I review some unsettled issues related to economic models and measures applied to agricultural R&D and productivity, and some unfinished business in terms of economic and policy questions that are not yet well answered. Before doing that, I present some evidence on agricultural productivity and why it matters. Next, with a nod to “factology,” I present available productivity measures from the U.S. Department of Agriculture (USDA) and International Science and Technology Practice and Policy (InSTePP) Center, and compare them in the context of translog cost function models. In subsequent sections I use these and other data to develop new evidence related to two contentious questions: ( a ) Do farmers benefit from public agricultural R&D? ( b ) Has U.S. agricultural productivity growth slowed in recent decades? The answers are revealed within.
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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