According to the Executive Order 12866, a qualitative and quantitative assessment for any Federal mandate resulting in annual expenditures of $100 million or more is required. This study determines how many of the approximately 34.5 million acres of CRP land is brought back in economic use, how...

The conservation compliance provision of the 1985 Food Security Act requires farmer to implement conservation plans on highly erodible croplan as a prerequisite for elegibility in agricultural commodity programs Reducing erosion to the soil loss tolerance level on about 46 million highly...

This paper describes research to create a national database of switchgrass supply as part of the biomass program launched by the Department of Energy. The paper provides an estimate of county level switchgrass yield data for the state of Oklahoma. The estimates are made for the top five most...

The Renewable Fuel Standard mandate in the Energy Independence and Security Act of 2007 requires 16 billion gallons out of 36 billion gallons of ethanol be produced from cellulosic feedstocks in 2022, but the mandate was apparently enacted without critical assessments of the agricultural impacts...

A review of literature on applications of Granger causality to problems in international agricultural economics research is summarized. The review relates to cointegration theory, and it identifies the areas where recent econometric developments may be of value. Testing procedures are outlined,...

Real options theory is employed to measure the value of investing in organic wheat production using precision agriculture technology. Results reveal that an option to wait until market uncertainty is resolved is valuable. Information obtained via precision agriculture technology is also valuable...

The ag-biotech industry underwent considerable consolidation in the last decade in part to take advantage of economics of scale and scope. The paper investigates the impact of such consolidation on inventive activity at the firm level. Careful attention is paid to the role of firm size,...

Empirical evidence from research on Bt maize in Kenya puts to rest most concerns raised against GMOs (not responding to farmers' needs, expensive, benefiting agro-business, risk of decreased biodiversity), but does indicate that contamination of local varieties is likely and buildup of insect...

Consumer attitudes towards genetically modified foods (GMFs) play a crucial role in the development of the technology. Both government and food manufacturers of agricultural products in the US and China are optimistic about the potential market for these foods. This paper compares two national...

Traditional measures of the benefits of technological change use producer prices. Consumer-oriented measures are more appropriate but they require knowledge of price impacts. They may diverge in the presence of distortions. This paper shows that in general equilibrium they are interrelated...