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....

The overall goal of our paper is to estimate the impact of China's land rights on farm investment incentives and agricultural production. To meet the goal, the paper pursues three specific objectives. First, the paper briefly reviews the various linkages between land rights and investment...

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...

We examine the ongoing transition from centrally planned to market agriculture in rural China. In particular, we examine the devolution of land rights from village governments to villagers and the corresponding evolution of tenure security in agricultural land. We find econometric support for...

The goal of this paper is to understand the nature of the property rights associated with China's land tenure systems and to study the impact of these property rights on agricultural production efficiency. The results show that land tenure and associated property rights in rural China affect the...