The policy debate surrounding the employment of immigrant workers in U.S. agriculture centers around the extent to which immigrant farmworkers adversely affect the economic opportunities of native farmworkers. To help answer this question, we propose a three-layer nested constant elasticity of...

This paper explores the U.S. agricultural production systems, focusing on the interactions between the crop and livestock sectors. The estimation results of the differential input demand system suggest that the demand for hired labor, self-employed labor, intermediate goods, capital, and land...

One of the problems facing the cellulosic ethanol industry is the cellulose material supply. The U.S. forestlands have considerable potential to become one of the main sources of biomass to meet the 2022 renewable fuel target. Focusing on the land exiting the Conservation Reserve Program (CRP),...

This article has presented a farmer decision making model of participation in the Conservation Reserve Program (CRP) under the current rising bio-fuel production. The decision is specified as an optimal stopping problem and farming return is assumed following stochastic process with the...

Credit markets are an essential economic institution. In developing countries, particularly in countries undergoing rapid social and economic transition, it is important to identify emerging credit demandand institute credit supply in a timely manner to facilitate economic transformation. This...

The policy debate surrounding the employment of immigrant workers in U.S. agriculture centers around the extent to which immigrant farmworkers adversely affect the economic opportunities of native farmworkers. To help answer this question, we propose a three-layer nested constant elasticity of...

In this article we propose a theoretical model for analyzing capital requirement in agricultural production and define excess capital thereupon. We develop a two-step method that allows endogenous regressors in the maximum likelihood estimation. The two-step procedure is also capably of...

Agricultural production in greenhouses is an important user of energy and can lead to greenhouse gas emissions. This study uses Data Envelopment Analysis to compute input-based technical efficiency measures and energy efficiency of Michigan greenhouse growers. A two-limit Tobit model is used to...