The recent testing approaches of the 'Law of One Price' which are based on co-integration analysis are modified by incorporating the seasonal components of the agricultural price series into the testing procedure. Application of the modified testing approach to the soft wheat market of five...

A review of literature on applications of Granger causality to problems in international agricultural economics research is summarized. The review relates to cointegration theory, and it identifies the areas where recent econometric developments may be of value. Testing procedures are outlined,...

This paper reviews agricultural research structural and organizational changes in western developed countries, examines new financing prospects for agricultural research, and provides some tentative conclusions about which organizations are best positioned to provide services for the...

This study determined consumer and producer welfare gains from advances in extension and research in the maize industry of Tanzania to determine how a national taxing schedule should be determined. It was found that, for an off-farm marketable surplus of 40%, consumers and producers gain...

This paper analyses the impact of technology characteristics on the rate and speed of adoption. In a case study of the Meru district in Kenya, 17 dairy technologies are analyzed with respect to the influence of relative complexity, relative risk and relative investment characteristics on...

In this paper we present a conceptual framework of individual farmers' decisions on adoption of a new innovation, using the example of a new crop species. This framework overcomes the shortcomings of a number of previous studies. It represents the adoption of an innovation as a dynamic decision...

Recent structural changes in dietary patterns in Asia resulting from economic development are placing increasing pressure on the existing production systems in the region-particularly those systems producing ruminant meat, non-ruminant meat and milk. This has significant policy implications for...

Strategic priorities are assessed for the agricultural research system in Zimbabwe in a situation characterized by multiple objectives, farm-types, and agro-ecological zones. Economic surplus analysis is used to rank research programs by commodity and research program areas in total and...

General equilibrium and open economy trade theory are used along with time series data on the U.S. agricultural sector to provide insights into the structure of agricultural supply, factor returns and linkages to the rest of the economy. Output expansion and factor returns are found to vary...

Agriculture accounts for over half of Ethiopian GDP, yet the case for agriculture as a focus of economic growth strategies must rely on identifying a set of intersectoral linkages through which agricultural growth contributes to the growth of nonagriculture in the Ethiopian economy. This article...