Every year, the federal government regulates how many pounds of summer flounder (while these fish are called summer flounder, they are caught throughout the year) can be caught along the eastern seaboard. Annually, the federal government sets the total allowable landings (TAL) based on...

Every year, the federal government regulates how many pounds of summer flounder (while these fish are called summer flounder, they are caught throughout the year) can be caught along the eastern seaboard. Annually, the federal government sets the total allowable landings (TAL) based on...

Using a translog production function, cereal production on state farms in Ethiopia between 1980 and 1985 was analyzed. The farms were found to be operating at constant returns to scale. Manual labor was under-utilized, while machinery and other modern inputs were over-utilized. Elasticities of...

Agricultural activities have been identified as major contributors to the non-point pollution of the Chesapeake Bay. Low-input agricultural practices are being considered to reduce pollution in areas adjoining the Chesapeake Bay. A multiperiod mathematical programming model was used to examine...

Nearly all western states lack comparative advantages for producing corn for ethanol and oilseeds for biodiesel. Despite this disadvantage, most western states have legislated incentives for production of biofuels. Unfavorable changes in price relationships, high transportation costs for...