2010 AAEA Presidential Address; forthcoming in January 2011 AJAE in shortened version.

Faster agricultural development requires understanding whether the inverse land size-yield relationship exists or not. To verify the presence of this relationship, this study decomposes a yield index into separate components attributable to (1) efficiency, (2) soil quality, (3) land size, (4)...

In this paper, a dynamic optimization model was developed to simulate how farm-level realized price and profitability respond to yield change which was induced by climate change. Producers' acreage response was included in the dynamic model considering crop rotation effect. In the crop rotation...

Land fragmentation, also known as scattered land holdings, is a common phenomenon in agriculture around the world. In some cases, it has even persisted through government-supported land consolidation programs that aim to improve agricultural productivity. This study evaluates the effect of land...

This study takes the standard acreage response model that stems from an expected utility framework, accounting for both price and yield variability, and nests it within a flexible semi-nonparametric (SNP) model consistent with farm-level decision models for computationally tractable results. We...

This research identifies and quantifies the impact of biophysical and economic variables on Kansas grain supply for the period 1977- 2007. This research estimates total supply response by aggregating yield and acreage responses. Previous methods have effectively analyzed the response of crop...

This research examines the effect of risk and time preferences on forest management responses to forest tenure land reforms in Fujian, China that began in 2002. The different extent of the reform and its different timing across regions provide a natural experiment to test how time and risk...