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Americans are becoming more health conscious and more obese. The food industry attempts to capitalize on both of these current trends. In advance of government mandate, the dominant leader in the cracker industry introduced a trans fatty acid label to its products. The impact on demand of the...
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Interest in sustainable agriculture probably had its roots in the concept of sustainable development. There exist no agricultural production technologies or farming systems that are environmentally benign. The question thus becomes "what is sustainable and what is not?" The two underlying themes...
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These are a series of color slides and exercises for providing key elements of an Introduction to Benefit/Cost and Project Analysis. There are five parts or sections. Part 1 provides an Introduction to Compounding and Discounting. Part 2 outlines a method for determining project worth. Part 3...
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The objective of this paper is to examine the responsiveness to price incentives of petroleum exploration, the generation of proven reserves and the production out of reserves in the United States. First, a theoretical framework of oil extraction and supply is developed. Next, an econometric...
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This paper examines the impacts of potential higher prices and short supplies for energy inputs used in the production of agricultura1 commodities. We focus specifically on the issue of the extent to which the cost or availability of energy inputs might lead to a situation in which the United...
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