Part 1. Gordon Rausser: Scholar, Leader and Entrepreneur -- Chapter 1. On the Essence of Leadership: Lessons from Gordon Rausser -- Chapter 2. Scholar, Entrepreneur and Editorial Innovator -- Chapter 3. Gordon Rausser: Impacts on the World Food System -- Chapter 4. Gordon Rausser and the...

We show that, when there is joint production of an agricultural good and rural amenities, the first-best allocation of resources can be implemented with a tax on the agricultural good and some subsidies on the production factors (land and labor). The use of a subsidy on the agricultural good can...

An online agricultural and resource economics text at an intermediate to advanced level.

While the demand for traditional agricultural economics is diminishing, there is a growing need for the economics and management of the food sector and the environment. Departments of agricultural economics have shown great flexibility in including agribusiness in their Bachelor's and Master's...

This review provides a timely summary of the current understanding of the various impacts and contributes positively to the policy debate. We have several key conclusions: (1) Biofuels are diverse and evolving; (2) Greenhouse gas (GHG) benefits vary significantly across various types of biofuels...

Volume 2B. Part 5: Agricultural and Food Policy. The incidence of agricultural policy (J.M. Alston, J.S. James). Information, incentives, and the design of agricultural policies (R.G. Chambers). Market failures and second-best analysis, with a focus on nutrition, credit, and incomplete markets...