Japan, with a population of about 125 million, is a major importer of agricultural products. Japan's mountainous topography limits the area available for farming, with a total cultivated land area of around 4.8 million hectares. Farm holdings are small, averaging just over 1.5 hectares. Japan...

Sustaining natural resource stocks especially those underpinning the capacity to produce food is key to most definitions of sustainable development. Yet troubling evidence has surfaced of instances where the rural poor were forced to sacrifice long-term sustainability for the sake of near-term...

In 1984, New Zealand introduced important policy reforms in order to address major macroeconomic and fiscal imbalances. New Zealand's support to agricultural producers rapidly decreased from 30 percent of the value of production to about 2 percent, and has remained the lowest among OECD...

With a population of about 1.1 billion, India is expected to overtake China as the world's most populous country by 2030. India's economy ranks as Asia's third largest, after Japan and China, and is now one of the world's fastest growing. While growth has led to significant reductions in...

This paper adopts a real options framework to evaluate the cost-effectiveness of four types of subsidies that aim to encourage a socially desirable land use under return uncertainties and costly reversibility of land use change. We first present a land conversion model to show how the subsidies...

This paper introduces a spatial bioeconomic model for study of potential cellulosic biomass supply at regional scale. By modeling the profitability of alternative crop production practices, it captures the opportunity cost of replacing current crops by cellulosic biomass crops. The model draws...

Australia is a significant player in world trade for several commodities and agriculture is a vital part of the Australian economy. Around 60% of Australia is devoted to agriculture, with three broad zones in which agricultural activity occurs. These are referred to as the pastoral,...