The global food crisis of 2007-08 has focused attention on food prices, pushing the topic to the top of the agenda of international organizations. For policymakers in sub-Saharan Africa, however, food prices have been an issue of economic importance and political sensitivity for decades. Of...

This paper focuses on differentials between rental and owner costs as a primary determinant of local homeownership. In simultaneous equations to estimate the separate effects of owner cost and rent on homeownership rates, the control variables are various household and geographical factors...

Performance of the agricultural sector in developing countries is fundamental to ensuring robust and equitable economic growth and broad-based food security. Yet donor support to agricultural development in developing countries has declined continuously for 30 years. This same period saw...

During three-hundred-year history of the market economy, the main sources of wealth creation have changed from the natural resources (mainly land and relatively unskilled labor with the exception of the master craftsman), tangible material assets (buildings, machinery and equipment, funds) to...

The real advantage of receiving a Southern Agricultural Economics Association Lifetime Achievement award is the ability to make this presentation and have it published without having to deal with editors and referees. This provides a certain license of freedom to abstract outside the box without...

The development of the commodity programs in the 2008 Farm Bill involved the origination of two complex revenue support initiatives. The two new programs, Average Crop Revenue Election (ACRE) and Supplemental Revenue Assurance (SURE), expanded the risk management tool kit of agricultural...

High natural gas prices have agricultural producers searching for alternative energy sources for irrigation. The economic feasibility of electric and hybrid (electric/wind) systems are evaluated as alternatives to natural gas powered irrigation. Texas Panhandle and Southern Kansas farms are...

The Common Agricultural Policy (CAP) is a cornerstone of EU policy relating to rural areas. Initially, it aimed to provide a harmonised framework for maintaining adequate supplies, increasing productivity and ensuring that both consumers and producers received a fair deal in the market. These...

Within the globalizing world, regions and their identities are subjected to great pressure. At present, places are engaged in a process of “territorial competition†in an integrated world economy. The identity of the region can be used as a starting point to brand a region and...

The paper aims to analyze the main barriers and opportunities for the modernization of the agricultural sector of Republika Srpska with a specific focus on the role of small farms. A particular attention has been given to specific elements related to the human, social, and institutional capital....