The emergence of biofuels has led to an increase in crop price and subsequently global food prices but the extent of the impact is subject to debate. Fully understanding the role of biofuels on agricultural markets requires properly accounting for the response of all affected inputs and outputs....

This paper examines the rental rates that tenants can afford to pay given alternative price and yield conditions. Over the last several years, harvest prices and yields have generally tended to be higher than their expected values when rates were negotiated with landlords. The benefits have...

Approximately 40% of farmland is rented in Canada (Statistics Canada, 2011). In our survey, approximately ninety-five percent of the farmers that rent land also farm on their own land. This provides a unique empirical opportunity to assess the influence of ownership on farmers’ decision to...

This paper analyzes the dynamic effects of the acreage restrictions and land diversion requirements that are characteristic of the farm subsidy programs in the United States. The subsidy payments a farmer receives are based upon historical base acreage, and it 1s sometimes optimal for a farmer...

Soil specific, chance constrained, dynamic models of agricultural production and nitrate leaching are developed to assess the impacts of nitrogen fertilizer taxes, quantity restrictions on fertilizer or leachate, and leachate permits. A programming model uses the solutions of these bioeconomic...

Recent studies that compare the efficiency and distributional impacts of alternative instruments to curb sprawl typically ignore what to do with the revenues from anti-sprawl policies, such as development taxes. This paper extends first-best analysis of development taxes aimed at preserving land...