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Given the changes made to the agricultural lending system since the 1980s farm crisis, we investigate the current effects of credit availability on land values. Using data from Federal Reserve Agricultural Credit Surveys, we measure credit availability and perform county-level panel fixed...
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Unlike many studies of learning and pharmaceuticals, this paper considers credence goods such as vitamins and the role of consumer experience in resolving uncertainty when the user cannot observe the effects of the goods after consumption. The Homescan data justifies variations in the purchases:...
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Concerns about energy security, rural development, and the environment have driven biofuel expansion. Different policy and market drivers, such as designated areas for biofuel feedstock production and blend mandates, have played an important role in biofuel expansion in different countries....
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