Corporate farming has attracted much attention, particularly with the movement of nonagricultural interests into the farm real estate market. Some believe that nonfarm corporations are taking advantage of tax s heI t ers an d ot her l· nvestment .lnce.ntlv es 1 an d are competl. ng un...

Corporate farming has attracted much attention, particularly with the movement of nonagricultural interests into the farm real estate market. Some believe that nonfarm corporations are taking advantage of tax s heI t ers an d ot her l· nvestment .lnce.ntlv es 1 an d are competl. ng un fa·lrl y...

Increasing requirements in the US to blend higher volumes of advanced biofuels with gasoline has increased the importance of imports of sugarcane-based ethanol from Brazil. Using the residual supply approach we test for oligopsony power of US importers in importing ethanol from Brazil. The...

Researchers’ enthusiasm for estimating industry oligopoly power in developing countries is often not matched with availability of data. Even when available, datasets are often incomplete, inconsistent, too aggregated, and almost always collected by government agencies for purposes different...

This article provides the first set of estimates of the degree of local bias in food consumption, by adapting the international trade notion of home bias, which describes the tendency of consumers to favour domestic over imported goods, to local bias, which describes the tendency of consumers to...

This paper uses the Pagano-Hartley procedure to estimate the lag length and polynomial degree for the case of a quarterly hog supply equation. The results show that the nicely humped shapes which materialize when using the Almon lag may be caused by the failure in accounting for autocorrelation...

This article examines the role of imperfect competition in determining total factor productivity growth (TFPG) by bringing together a New Empirical Industrial Organization (NEIO) model and the TFPG model of Nadiri and Mamuneas (1998). Applying the integrated model to 1973-92 data from 29 food...

This article separates oligopoly-power and cost-efficiency effects of changes in industrial concentration and assesses their impact on output prices in 32 food-processing industries. Empirical results indicate that although concentration induces cost efficiency in one-third of the industries,...