Fullerton, Thomas and Wallace Huffman, ﾓAn ARIMA Methodology for Examining the Competitive Hypothesis in Agriculture,ﾔ Southwestern Journal of Economics, Vol. 5 (Mar. 2002):46-60.

This paper examines methods frequently used by agricultural economists to measure the cost of farm labor, including operator and other unpaid, and to provide insights for improving them. The tradition is broken of treating labor and management separately, and labor is defined as encompassing all...

The paper examines changes in employment and wage patterns, industrial restructuring, and foreign competition that affect opportunities of recent immigrants to the non-metropolitan Midwest, especially to Iowa. The focus is on food and kindred products where meat and poultry packing and...

Rousu, M., W.E. Huffman, J.F. Shogren, and A. Tegene. ﾓEstimating the Public Value of Information: Genetically Modified Foods,ﾔ Land Economics, forthcoming.

This study illustrates an application of experimental auction methods, using both experimental economics and experimental design, to evaluate consumer perceptions and willingness to pay (WTP) for fresh pork chops. We test and reject hypotheses that (a) market prices and consumers' WTP are...

Abstract Currently Unavailable.

Abstract Currently Unavailable.

This study presents an econometric examination of the joint decisions of farmers on the adoption of a microcomputer and (or) purchased computers services. The characteristics of a farmer--schooling, age, off-farm work--are shown to be important variables for explaining the odds of adopting...

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Explores landowner-tenant contracts in land tenure in agriculture. Inefficiency of share tenancy relative to owner cultivation; Introduction of principal-agent models; Influence of monitoring in studying optimal landowner-tenant risk sharing; Need to study adequate tenant incentives