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This survey reviews the existing literature, identifying the contribution of agriculture, schooling, and nutrition to economic growth and development over time and across countries. Particular attention is paid to the roles of improvements in agricultural technology and of the human capital of...
Persistent link: https://www.econbiz.de/10005436911
 The chapter focuses on household production theory and models for non-agricultural households, largely in developed countries.  The objectives of the paper are: (1) to present several types of microeconomic models of household decision making and highlight their implications for empirical...
Persistent link: https://www.econbiz.de/10008499893
 The objective of this paper is to develop an optimal incentive system for multitaskingscientists in universities or professors under repeat contracting. With the aid of a principalagentmodel under repeat contracting, we show that (i) when a second task is assigned to aprofessor and the two...
Persistent link: https://www.econbiz.de/10008499894
The objective of this paper is to identify the impact of public and private agriculturalresearch on multi-output multi-input profit maximizing decisions of Midwestern farmers. The mainhypothesis is that investments in public and private R&D shift outward the supply curves for cropand livestock...
Persistent link: https://www.econbiz.de/10008500092
 The USDA is attempting to shift more research funds into competitive grants involving collaboration across disciplines on large projects. This type of research structure raises a host of information and incentive issues. The objective of this paper is to shed new light on principal-agent...
Persistent link: https://www.econbiz.de/10008500131
New experimental economic methods are described and used to assess consumers' willingness to pay for food products that might be made from new transgenic and intragenic genetically modified (GM) traits. Participants in auctions are randomly chosen adult consumers in major US metropolitan...
Persistent link: https://www.econbiz.de/10008511353
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