Agricultural Economics

Edited by Gail L. Cramer

© 2010 – Routledge

1,664 pages

Purchasing Options:
Hardback: 9780415547451
pub: 2010-10-05
US Dollars$1500.00

About the Book

The application of the principles of economics to the production of crops and livestock—and to land usage more generally—is a well-established and flourishing area of research and study, and this new four-volume collection in the Routledge Major Works series, Critical Concepts in Economics, meets the need for an authoritative, up-to-date, and comprehensive reference work synthesizing its voluminous literature. Indeed, the sheer scale of the research output—and the breadth of the field—makes this collection especially welcome. It answers the need for a comprehensive collection of classic and contemporary contributions to facilitate ready access to the most influential and important scholarship from a wide range of theoretical and practical perspectives.

Agricultural Economics is edited by Gail L. Cramer, a leading scholar in the field. The collection is fully indexed and has a comprehensive introduction, newly written by the editor, which places the material in its intellectual context. It is an essential work of reference and is destined to be valued by scholars and students as a vital one-stop research resource.


'In summary, I found this set of volumes a highly worthwhile addition to my reference shelf. In addition to the collected articles, the work contains a thoughtful introduction by the editor, giving a broad overview of our discipline that I enjoyed reading.' - Patricia A. Duffy, Oxford Journals Clippings: American Journal of Agricultural Economics, USA

Table of Contents


Volume I: Production Economics

1. Earl O. Heady, ‘First Principles of Choice and Resource Allocation’, Economics of Agricultural Production and Resource Use (Prentice-Hall, Inc., 1952), pp. 90–130.

2. Richard E. Just, David Zilberman, and Eithan Hochman, ‘Estimation of Multicrop Production Functions’, American Agricultural Economics Association, 1983, 65, 4, 770–80.

3. Jean-Paul Chavas and Matthew T. Holt, ‘Economic Behavior Under Uncertainty: A Joint Analysis of Risk Preferences and Technology’, Review of Economics and Statistics, 1996, 78, 2, 329–35.

4. Melvyn Fuss, Daniel McFadden, and Yair Mundlak, ‘A Survey of Functional Forms in the Economic Analysis of Production’, in M. Fuss and D. McFadden (eds.), Production Economics: A Dual Approach to Theory and Applications (North-Holland, 1978), pp. 219–68.

5. Bruce R. Beattie, C. Robert Taylor, and Myles J. Watts, ‘Technical Aspects of Production: The Productivity Functions’, The Economics of Production (Krieger Publishing Company, 2009), pp. 10–82.

6. A. N. Halter, H. O. Carter, and J. G. Hocking, ‘A Note on the Transcendental Production Function’, Journal of Farm Economics, 1957, 39, 4, 966–74.

7. J. Kmenta, ‘On Estimation of the CES Production Function’, International Economic Review, 1967, 8, 2, 180–9.

8. Alain de Janvry, ‘The Generalized Power Production Function’, American Journal of Agricultural Economics, 1972, 54, 2, 234–7.

9. Dorothy J. Hodges, ‘A Note on Estimation of Cobb-Douglas and CES Production Function Models’, Econometrica, 1969, 37, 4, 721–5.

10. J. Kmenta, ‘Some Properties of Alternative Estimates of the Cobb-Douglas Production Function’, Econometrica, 1964, 32, 1/2, 183–8.

11. A. Zellner, J. Kmenta, and J. Dreze, ‘Specification and Estimation of Cobb-Douglas Production Function Models’, Econometrica, 1966, 34, 4, 784–95.

12. Richard E. Just and Rulon D. Pope, ‘Production Function Estimation and Related Risk Considerations’, American Journal of Agricultural Economics, 1979, 61, 2, 276–84.

13. Jay T. Akridge, ‘Measuring Productive Efficiency in Multiple Product Agribusiness Firms: A Dual Approach’, American Journal of Agricultural Economics, 1989, 71, 1, 116–25.

14. David P. Anderson et al., ‘Choice of Functional Form for Agricultural Production Analysis’, Review of Agricultural Economics, 1996, 18, 223–31.

15. Zvi Griliches, ‘Hybrid Corn: An Exploration in the Economics of Technological Change’, Econometrica, 1957, 25, 4, 501–22.

16. C. Richard Shumway, ‘Recent Duality Contributions in Production Economics’, Journal of Agricultural and Resource Economics, 1995, 20, l, 178–94.

17. Zvi Griliches, ‘Research Costs and Social Returns: Hybrid Corn and Related Innovations’, Journal of Political Economy, 1958, 66, 5, 419–31.

18. R. Chambers, ‘Structure of Cost Functions and Short-run Cost Functions’, Applied Production Analysis: A Dual Approach (Cambridge University Press, 1988), pp. 93–119.

Volume II: Resource and Environmental Economics

19. R. H. Coase, ‘The Problem of Social Cost’, Journal of Law and Economics, 1960, 3, 1–44.

20. H. Scott Gordon, ‘The Economic Theory of a Common-Property Resource: The Fishery’, Journal of Political Economy, 1954, 62, 124–42.

21. Anthony Scott, ‘The Fishery: The Objectives of Sole Ownership’, Journal of Political Economy, 1955, 63, 2, 116–24.

22. John V. Krutilla, ‘Conservation Reconsidered’, American Economic Review, 1967, 57, 4, 777–86.

23. Oscar R. Burt and Durward Brewer, ‘Estimation of the Net Social Benefits from Outdoor Recreation’, Econometrica, 1971, 39, 5, 813–27.

24.W. David Montgomery, ‘Markets in Licenses and Efficient Pollution Control Programs’, Journal of Economic Theory, 1972, 5, 3, 395–418.

25. Kenneth J. Arrow and Anthony C. Fisher, ‘Environmental Preservation, Uncertainty, and Irreversibility’, Quarterly Journal of Economics, 1974, 88, 2, 312–19.

26. Martin L. Weitzman, ‘Prices vs. Quantities’, Review of Economic Studies, 1974, 41, 4, 477–91.

27. Sherwin Rosen, ‘Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition’, Journal of Political Economy, 1974, 82, 1, 34–55.

28. Robert S. Pindyck, ‘The Optimal Exploration and Production of Nonrenewable Resources’, Journal of Political Economy, 1978, 86, 5, 841–61.

29. Micha Gisser, ‘Groundwater: Focusing on the Real Issue’, Journal of Political Economy, 1983, 91, 6, 1001–27.

30. W. Adamowicz , J. Louviere, and M. Williams, ‘Combining Revealed and Stated Preference Methods for Valuing Environmental Amenities’, Journal of Environmental Economics and Management, 1994, 26, 3, 271–92.

31. Marie E. Walsh et al., ‘Bioenergy Crop Production in the United States: Potential Quantities, Land Use Changes, and Economic Impacts on the Agricultural Sector’, Environmental and Resource Economics, 2003, 24, 4, 313–33.

32. Robert Innes, ‘The Economics of Livestock Waste and Its Regulation’, American Journal of Agricultural Economics, 2000, 82, 1, 97–117.

33. Catherine L. Kling, ‘Emission Trading vs. Rigid Regulations in the Control of Vehicle Emissions’, Land Economics, 1994, 70, 2, 174–88.

34. Thomas C. Brown, John C. Bergstrom, and John B. Loomis, ‘Defining, Valuing, and Providing Ecosystem Goods and Services’, Natural Resources Journal, 2007, 47, 329–76.

Volume III: Agribusiness, Marketing, and Consumption Economics

35. Michael W. Woolverton, Gail L. Cramer, and Timothy M. Hammonds, ‘Agribusiness: What is it all About?’, Agribusiness: An International Journal, 1985, 1, 1, 1–3.

36. Ray A. Goldberg, ‘A Concept of a Global Food System and its Use by Private and Public Managers’, Agribusiness: An International Journal, 1985, 1, 1, 5–23.

37. Ray A. Goldberg, ‘A List of Harvard Business School Cases’ (Harvard Business School).

38. Richard L. Kohls and Joseph N. Uhl, ‘Introduction to Food Marketing’, Marketing of Agricultural Products, 8th edn. (Prentice Hall, 1998), pp. 3–20.

39. George J. Seperich, Michael W. Woolverton, and James G. Beierlein, ‘Development of a Marketing Plan’, Introduction to Agribusiness Marketing (Prentice Hall, 1994), pp. 163–73.

40. William G. Tomek and Kenneth L. Robinson, ‘Mechanisms for Discovering Farm Prices’, Agricultural Product Prices, 3rd edn. (Cornell University Press, 1990), pp. 199–214.

41. John N. Ferris, ‘Commodity Futures and Options Markets’, Agricultural Prices and Commodity Market Analysis (McGraw-Hill, 1998), pp. 233–52.

42. Robert J. Meyers, ‘Time Series Econometrics and Commodity Price Analysis: A Review’, Review of Marketing and Agricultural Economics, 1994, 62, 167–81.

43. Bruce L. Gardner, ‘The Farm-Retail Price Spread in a Competitive Food Industry’, American Journal of Agricultural Economics, 1975, 57, 3, 399–409.

44. Michael K. Wohlgenant, ‘Distribution of Gains from Research and Promotion in Multi-Stage Production System: The Case of the U.S. Beef and Pork Industries’, American Journal of Agricultural Economics, 1993, 75, 642–51.

45. Peter G. Helmberger and Jean-Paul Chavas, ‘Industrial Organization of Agricultural Markets’, The Economics of Agricultural Prices (Prentice Hall, 1996), pp. 223–56.

46. Bruce W. Marion, ‘Interrelationships of Market Structure, Competitive Behavior, and Market/Firm Performance: The State of Knowledge and Some Research Opportunities’, Agribusiness: An International Journal, 1986, 2, 4, 443–53.

47. William J. Baumol, ‘Contestable Markets: An Uprising in the Theory of Industry Structure’, American Economic Review, 1982, 72, 1, 1–15.

48. James M. Griffin, ‘OPEC Behavior: A Test of Alternative Hypotheses’, American Economic Review, 1984, 75, 5, 954–63.

49. Bruce T. Allen, ‘Vertical Integration and Market Foreclosure: The Case of Cement and Concrete’, Journal of Law and Economics, 1971, 14, 1, 251–74.

50. Peter Helmberger and Sidney Hoos, ‘Cooperative Enterprise and Organization Theory’, Journal of Farm Economics, 1962, 44, 2, 275–90.

51. Ben Senauer and Mona Sur, ‘Ending Global Hunger in the 21st Century: Projections of the Number of Food Insecure People’, Review of Agricultural Economics, 2001, 23, 1, 68–81.

52. Timothy J. Richards and Luis Padilla, ‘Promotion and Fast Food Demand’, American Journal of Agricultural Economics, 2009, 91, 1, 168–83.

53. Angus Deaton and John Muellbauer, ‘An Almost Ideal Demand System’, American Economic Review, 1980, 70, 3, 312–26.

54. Richard Green and Julian M. Alston, ‘Elasticities in AIDS Models’, American Journal of Agricultural Economics, 1990, 72, 2, 442–5.

55. James S. Eales and Laurian J. Unnevehr, ‘Demand for Beef and Chicken Products: Separability and Structural Change’, American Journal of Agricultural Economics, 1988, 70, 3, 521–32.

56. Jayson L. Lusk and Darren Hudson, ‘Willingness-to-Pay Estimates and their Relevance to Agribusiness Decision Making’, Review of Agricultural Economics, 2004, 26, 2, 152–69.

Volume IV: Agricultural Policy, International Trade, and Development Economics

57. Bruce L. Gardner, ‘Causes of U.S. Farm Commodity Programs’, Journal of Political Economy, 1987, 95, 2, 290–310.

58. Gordon C. Rausser, ‘Political Economic Markets: PERTs and PESTs in Food and Agriculture’, American Journal of Agricultural Economics, 1982, 64, 5, 821–33.

59. Barry K. Goodwin and Ashok K. Mishra, ‘Are "Decoupled" Farm Program Payments Really Decoupled? An Empirical Evaluation’, American Journal of Agricultural Economics, 2006, 88, 1, 73–89.

60. Gail L. Cramer et al., ‘Regulation in the U.S. Rice Industry, 1965–89’, American Journal of Agricultural Economics, 1990, 72, 4, 1056–65.

61. Luther Tweeten, ‘The Federal Debt Threat and What to Do About it’ (Ohio State University, 2010), pp. 1–11 (newly revised for this collection).

62. Luther Tweeten, ‘To Mitigate or to Adapt? That is the Question Posed by Global Warming to U.S. Agriculture’, (Ohio State University, 2010), pp. 1–10 (newly revised for this collection).

63. Richard E. Just, Darrell Hueth, and Andrew Schmitz, ‘Conclusions and Further Considerations’, The Welfare Economics of Public Policy (Edward Elgar, 2004), pp. 639–49.

64. Wolframe Schlenker, W. Michael Hanemann, and Anthony C. Fisher, ‘The Impact of Global Warming on U.S. Agriculture: An Econometric Analysis of Optimal Growing Conditions’, Review of Economics and Statistics, 2006, 88, 1, 113–25.

65. Won W. Koo and P. Lynn Kennedy, ‘The Partial Equilibrium Analysis of International Trade’, International Trade and Agriculture (Blackwell Publishing, 2005), pp. 79–94.

66. Gail L. Cramer, Eric J. Wailes, and Shangnan Shui, ‘Impacts of Liberalizing Trade in the World Rice Market’, American Journal of Agricultural Economics, 1993, 75, 1, 219–26.

67. Tim Josling, ‘Issues in the WTO Agricultural Negotiations: An Overview’, in, P. Lynn Kennedy and Won Koo (eds.), Agricultural Trade Policies in the New Millennium (Food Products Press, 2002), pp. 35–53.

68. Derek Byerlee, Alain de Janvry, and Elisabeth Sadoulet, ‘Agriculture for Development: Toward a New Paradigm’, Annual Review of Resource Economics, 2009, 1, 1–20.

69. Martin Ravallion and Shaohua Chen, ‘China’s (Uneven) Progress Against Poverty’, Journal of Development Economics, 2007, 82, 1, 1–42.

70. David Coady, Margaret E. Grosh, and John Hoddinott, ‘Implementing Targeting Methods’, Targeting of Transfers in Developing Countries (The World Bank, 2004), pp. 45–73.

71. Emery N. Castle, ‘A Conceptual Framework for the Study of Rural Places’, American Journal of Agricultural Economics, 1998, 80, 3, 621–31.

72. JunJie Wu and Munisamy Gopinath, ‘What Causes Spatial Variations in Economic Development in the United States?’, American Journal of Agricultural Economics, 2008, 90, 2, 392–408.

73. Mark D. Partridge, Dan S. Rickman, and Kamar Ali, ‘Recent Immigration and Economic Outcomes in Rural America, American Journal of Agricultural Economics, 2008, 90, 5, 1326–33.

74. Todd M. Gabe and David S. Kraybill, ‘The Effect of State Economic Development Incentives on Employment Growth of Establishments’, Journal of Regional Science, 2002, 42, 4, 703–30.

75. Harvey Armstrong and Jim Taylor, ‘Input-Output Approach to Modeling the Regional Economy’, Regional Economics and Policy (Blackwell, 2000), pp. 35–63.

76. Ron Shaffer, Steve Deller, and Dave Marcouiller, ‘Technology and Innovation’, Community Economics, 2nd edn. (Blackwell, 2004), pp. 141–52.

About the Series

Critical Concepts in Economics

With a rich backlist of popular Economics titles on current areas of research, the Critical Concepts in Economics series spans a wide range of titles, with titles including China and Globalization, The Great Depression and Feminist Economics. Upcoming titles to look out for include Islamic Economics and Human Capital.

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Industries / General
BUSINESS & ECONOMICS / Industries / Agribusiness