Since their inception in 1934, the National Income and Product Accounts of the U.S. (NIPAs) have excluded estimates of household production from total economic activity. Many proposals have been made for including the value of household production in the NIPAs, all of which rest on some form of...

Economists have long considered issues of spatial economic activity, trade, and location values. Among all the various theories presented over the past century, it is safe to say that not one predicts that goods, services, or factors of production must attain the same value at different...

After a rapid expansion of the Argentine dairy sector, lower producer prices are expected. As a means of preventing an excessive reduction in dairy farmers’ profitability, an analysis of current profitability and an evaluation of possible improved resource allocation are warranted. This study...

A survey of the milk haulers in New York and Pennsylvania was conducted to assess the changes in the northeast milk hauling industry since 1981. Detailed information was collected on characteristics of the hauling businesses as well as the equipment operated. Some of the general topics discussed...