Since the seminal work of Adam Smith, markets have been considered an efficienttool for co-ordinating the behaviour of economic agents. The basic characteristicof a market economy is that the complex system of interaction amongindividuals is not centrally coordinated. Under the assumption of...

Edited volume of the contributions to the mini-symposium of the same title at the IAAE conference 2009.

Since the seminal work of Adam Smith, markets have been considered an efficient tool for co-ordinating the behaviour of economic agents. The basic characteristic of a market economy is that the complex system of interaction among individuals is not centrally coordinated. Under the assumption of...

Since the late 1980s, agriculture in Central and Eastern European Countries (CEECs) has been under considerable adjustment pressure due to changing political, economic and institutional environments. These changes have been linked to the transition process, as well as the ongoing integration...

This paper estimated the fiscal impact of a job creation tax credit, a proposed incentive for establishments participating in the Indiana enterprise zone program. State unemployment insurance files were utilized with GIS to obtain enterprise zone data. Labor demand and labor supply were...

Conventional measures of gross domestic product (GDP) fail to account for the effect of economic activity on the environment. Integrated environmental-economic (or 'green') GDP is calculated using a data-envelopment-analysis (DEA) framework. For this purpose a dynamic cross-country technology is...

This paper evaluates the impact of increasing concentration of the livestock sector on the economic welfare of rural Illinois. A pooled time-series, cross-sectional model is developed to study the dynamics of structural changes in hog production for the period 1981-1997. The model tests the...

In this study, we examine the association of urban-to-rural migration with the deterioration of labor market in urban sector due to the globalization of markets and production. Two measures of the relative impacts of globalization on urban and rural labor markets: changes in rural-urban real...

Farm operators are an integral part of some rural economies. The businesses they operate often hire seasonal and full-time employees and purchase goods and services from local farm implement dealers, input suppliers, and financial institutions. Farm household spending on food, furniture and...

We synthesize recent case studies on rural poverty in six Latin American countries, plus two thematic studies. We find that the return to education in farming is surprisingly small; land redistribution increases total farm output, but has mixed effects on income; and urban economic growth...