Developing implicit rental rates for capital inputs is an Important step in understanding the Impact of tax law changes on agricultural investments This article develops a methodology for estimating implicit rental rates and presents annual estimates of rental rates for seven categories of farm...

Changes in real interest rates may affect the rate of adjustment of machinery to optimal levels This finding results from the development and application of a theoretically consistent analytical framework for examining agricultural investment 10 machinery Results from duality theory on...

World production shortfalls and increased speculative activity have been suggested as major causes of recent, dramatic price increases for sugar. A two-region spatial equilibrium model analyzes the U.S. and the rest-of-the-world sugar markets. By systematically shifting the rest-of-the-world...