Journal of Agricultural Economics

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Presidential Address Strategising Poverty Reduction in Sub‐Saharan Africa: the Role of Small‐scale Agriculture1
Journal of Agricultural Economics - Tập 53 Số 2 - Trang 161-193 - 2002
Doug Belshaw
How to Understand High Food Prices
Journal of Agricultural Economics - Tập 61 Số 2 - Trang 398-425 - 2010
Christopher L. Gilbert
AbstractAgricultural price booms are better explained by common factors than by market‐specific factors such as supply shocks. A capital asset pricing model‐type model shows why one should expect this and Granger causality analysis establishes the role of demand growth, monetary expansion and exchange rate movements in explaining price movements over the period sin...... hiện toàn bộ
CONJOINT MEASUREMENT IN HAM QUALITY EVALUATION
Journal of Agricultural Economics - Tập 38 Số 3 - Trang 473-480 - 1987
Jan‐Benedict E.M. Steenkamp
Conjoint measurement is a technique, recently developed in the fields of psychometrics and consumer research, that can help managers and researchers to obtain insight in the way consumers evaluate the quality of products. The paper reports an application of this technique to quality evaluations with respect to ham. On the average, packing was the most important quality attribute. However, ...... hiện toàn bộ
ATTITUDES TOWARDS FARM DIVERSIFICATION: RESULTS FROM A SURVEY OF DEVON FARMS
Journal of Agricultural Economics - Tập 40 Số 1 - Trang 93-100 - 1989
Joyce Halliday
Evidence from a survey of farmers' reactions to milk quotas suggests that there remains a fundamental divide between policymakers' views of the future farm and those of the farmers themselves. This paper examines this dichotomy in the context of one important milk‐producing county, Devon. Here an emphasis at County Council level on non‐agricultural diversification is found to contrast with...... hiện toàn bộ
Volatility Forecasting and Time‐varying Variance Risk Premiums in Grains Commodity Markets
Journal of Agricultural Economics - Tập 66 Số 2 - Trang 329-357 - 2015
Athanasios Triantafyllou, George Dotsis, A. Sarris
AbstractIn this paper we examine empirically the predictive power of model‐free option‐implied variance and skewness in wheat, maize and soybeans derivative markets. We find that option‐implied risk‐neutral variance outperforms historical variance as a predictor of future realised variance for these three commodities. In addition, we find that risk‐neutral option‐i...... hiện toàn bộ
Willingness to Pay for Rural Landscape Improvements: Combining Mixed Logit and Random‐Effects Models
Journal of Agricultural Economics - Tập 58 Số 3 - Trang 467-483 - 2007
Danny Campbell
AbstractThis paper reports the findings from a discrete‐choice experiment designed to estimate the economic benefits associated with rural landscape improvements in Ireland. Using a mixed logit model, the panel nature of the dataset is exploited to retrieve willingness‐to‐pay values for every individual in the sample. This departs from customary approaches in which...... hiện toàn bộ
Bubbles, Froth and Facts: Another Look at the Masters Hypothesis in Commodity Futures Markets
Journal of Agricultural Economics - Tập 68 Số 2 - Trang 345-365 - 2017
Dwight R. Sanders, Scott H. Irwin
AbstractThe Masters Hypothesis suggests that long‐only index funds were the main cause of a massive increase in commodity prices in 2007–2008 and 2011–2012. Central to the Masters Hypothesis are three basic tenets: (i) long‐only commodity index funds were directly responsible for driving futures prices higher; (ii) the deviations from fundamental value were economi...... hiện toàn bộ
MEASURING NON‐USE VALUE OF ENVIRONMENTAL GOODS USING THE CONTINGENT VALUATION METHOD: PROBLEMS OF INFORMATION AND COGNITION AND THE APPLICATION OF COGNITIVE QUESTIONNAIRE DESIGN METHODS
Journal of Agricultural Economics - Tập 46 Số 1 - Trang 97-112 - 1995
George Hutchinson, Susan Chilton, John Davis
Much interest now focuses on the use of the Contingent Valuation Method (CVM) to assess non‐use value of environmental goods. The paper reviews recent literature and highlights particular problems of information provision and respondent knowledge, comprehension and cognition. These must be dealt with by economists in designing CVM surveys for eliciting non‐use values. Cognitive Questionnai...... hiện toàn bộ
What Explains Agricultural Price Movements?
Journal of Agricultural Economics - Tập 67 Số 3 - Trang 706-721 - 2016
John Baffes, Tassos Haniotis
AbstractAfter 2005, commodity prices experienced their longest and broadest boom since World War II. Agricultural prices have now come down considerably since their 2011 peak, but are still 40% higher in real terms than their 2000 lows. This paper briefly addresses the main arguments on the causes of the agricultural price cycle. It broadens the scope of analysis b...... hiện toàn bộ
Productivity in Chinese Provincial Agriculture
Journal of Agricultural Economics - Tập 49 Số 3 - Trang 378-392 - 1998
David K. Lambert, Elliott Parker
Technical change, technical efficiency and multifactor productivity indices are reported for a multiple‐output, multiple‐input production technology using Chinese provincial data for the 1979‐95 period. Results show significant variation in productivity change from year to year and province to province. Using panel methods, we regress the three production indices on several factors importa...... hiện toàn bộ
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