Income inequality reflects resource allocations, and has important implications for public policy and institutional design. This paper investigates the factorsdetermining inequality. This is especially relevant in Chile where income distribution has not improved in the past decades. We...

Published by Asociación de Economistas Agrarios de Chile

The efficiency benefits of U.S. rail industry deregulation are well documented in previous studies of rail productivity and declining rail rates. This research provides new insight regarding the accrual of these benefits within the grain industry. A disaggregate study of corn, wheat, and soybean...

Agriculture is one of the least stable Canadian industries with respect to product prices, the volume of production of many products, and the net incomes received by farmers. Each of these aspects of instability has negative impacts on the income and financial security of farmers as well as on...

A number of writers contend that rising per capita incomes will reduce birth rates and solve problems of high population growth in developing countries (see, for example, Clark and Simon). This contention is attractive because family planning programmes that may conflict with some religious and...

A dynamic model of capital structure for the noncoiporate farm is developed and analyzed. In this model. the probability of bankruptcy increases as the farmer's debt/asset ratio increases. Funds invested outside agriculture earn a risldess rate of return. The farmer/proprietor is also able to...

A new land valuation system was developed, consisting of two elements: the ecological valuation of land, based on the fact that the natural dactors (soil, climate, land relief, and hydrological factors) can be separately valued and the result expressed by a single value, and the economic...

This paper uses dynamic simulation analysis to consider the likely consequences of the 1988 Japanese Beef Market Access Agreement (BMAA) on the Japanese livestock industry and beef imports. Using a simultaneous equations, econometric model of Japanese livestock markets, a forecast baseline up to...

This paper surveys three papers that expored the topic of returns on agricultural reserach expenditures in Argentina. Two, Elias (1971) and del Ray (1975), studied this problem with data on sugarcane, and the third, Feijoo (1984), dealt with aggregate agricultural data. The main task was to...