This paper assesses the impacts of decoupled government transfers on production decisions of a sample of Kansas farms observed from 1996 to 2001. Our model allows for risk, risk attitudes and the intertemporal investment decisions. We also allow for different adjustments of the decision...

Spain occupies a first ranking position in worldwide production and exportation for olive oil and table olives. Such position is enforced by the positive evolution of investment demonstrated by an increase of approximately 5% of area dedicated to this cultivation during the last 6 years. This...