Geographic markets are extremely important to agriculture because agricultural products are bulky and/or perishable and production and consumption areas are separated. This study investigates how mandatory price reporting has influenced the degree of spatial market integration between U.S....

This manuscript investigates the productivity-industrial concentration relationship in U.S. food industries. We identify a critical level of industrial concentration beyond which its relationship with productivity growth becomes negative. The welfare effects of an increase in concentration -...

This paper examines the changes in the farm sector wealth from 1950 through 1999. The study uses Theil's entropy-based measure of inequality of farm equity by ten regions of the U.S. The entropy-measure is then used to decompose U.S. inequality into within-region and between-region differences....