Ag econ angst crisis revisited

The present paper was inspired by and is a response to the Rola-Rubzen, Hardaker and Dillon paper 'Agricultural economists and world poverty: progress and prospects' (Rola-Rubzen et al. 2001). It is agreed that the position of agricultural economists in foreign aid and poverty programs has declined over recent decades. Such a feeling of guilt and remorse expressed by the above authors does indeed create considerable 'angst'. A major reason for this state of affairs lies in 'the flavour of the month' approach of the development agencies. These include women in development, gender-based farming systems research, household nutrition and food security, people participation, and targeting the poorest of the poor. These fads have driven disciplinary considerations to the wall and the more widely-defined objectives have reduced the drive for economic efficiency. We argue there is still a place for better designed and delivered assistance programs within the wider framework of assistance that has become fashionable. Greater application of institutional principles in both the political processes associated with assistance and the implementation agencies would improve the outcomes of many projects. Particular attention would need to be given to the interface between the development agencies and recipient governments. The present paper picks up on the market failure aspects of agriculture's rather poor contribution to development, and develops a wider perspective in terms of the new institutional economics and a continuing role for the agricultural economist.     

Food scares, market power and price transmission: the UK BSE crisis

This paper is concerned with the impact of food scares, principallythe BSE crisis in the UK, and focuses on price transmissionin vertically related markets. We show that if market powerhas an effect on the farm–retail margin, this determinesthe specification of the cointegrating relationship and thusprovides a test of market power. The results for the UK beefchain suggest that we cannot reject the importance of marketpower. The impact of the BSE crisis on farm prices is foundto be more than double that on retail prices, thus corroboratingpublic concerns regarding a differential impact of food scareson retailers and producers.     

Farm size,productivity and returns to scale in agriculture revisited: a case study of wine producers in South Africa

The inverse relationship between farm size and productivity has almost become a ‘stylised fact’ in the economic development literature. Most of the studies contributing to this preception have been Hawed by methodological shortcomings and the request is that these studies be treated with caution. Using recent farm survey data from the wine producing areas of the Western Cape of South Africa, this study attempts to overcome some of the methodological problems, distinguishing between partial and total productivity measures. Using data envelopment analysis, most of the wine grape producers were found to operate under constant returns to scale. Co-operative membership seemed to overcome the economies of scale associated with processing and marketing. The inverse relationship between farm size and both land productivity and total factor productivity is weak, not consistently negative and differs between regions. Thus, caution must be used when advocating rural development policies based on the inevitability of an inverse relationship existing in all sectors and production regions of agriculture.     

日本核泄露危机对大连海产品生产企业的影响——以獐子岛公司为例

近期,强震引发的日本核泄漏事件成为公众关注的焦点。作为重大的突发性事件,其必然对邻近地区的企业生产和居民生活产生影响。我国临海地区的海产品生产企业自然不能例外。论文通过数据平稳性检验、模型识别与参数估计等综合分析,运用所建立的ARIMA模型对獐子岛公司营业收入进行预测,与实际值进行比对后发现,本次日本核泄漏事件对该公司的海产品销售不仅没有消极影响,反而存在促进作用。我国其他海产品生产企业也应该利用这次难得的机遇,借鉴獐子岛公司的经验,加快“走出去”的步伐,积极开拓国际市场。     

Unravelling the dynamics of access to farmland in Tigray,Ethiopia: The ‘emerging land market’ revisited

This article uses ethnographic evidence from Tigray to revisit the debate on informal rural land markets in present-day Ethiopia. It explores informal farmland rental from a historico-anthropological, micro-analytical perspective in relation to the formal allocation of land use rights and to other informal land transfer practices. It shows how different rationales for land rental give rise to different socially embedded tenancy configurations. On the basis of this empirical evidence, the paper questions the appropriateness of the common idea that in Ethiopia ‘the land rental market is expanding’. It argues that research and policy thinking on land in Ethiopia could gain analytical power and relevance by adopting a less monolithic and abstract view on people's informal land transfer practices.     

Nourishing urbanism: a case for a new urban paradigm

True sustainability demands that we seek to more than ‘prop up’ traditional approaches to our environment; rather, it requires that we redress current shortcomings in the planning and design of our urban environment at both bio-regional and local scales. Nourishing Urbanism proposes a shift in the urban and non-urban paradigm relating to energy, water and food; all face significant climate-related challenges—and are united by land-use policy, planning and design. We need a renewed planning and design framework for cities and regions that allows the retrofitting of today's urbanity, and prepares our cities for a new tomorrow. Nourishing Urbanism seeks to provide a malleable planning and design framework that embraces the symbiosis between urban and non-urban, and provides for the well-being of the human condition through recommending policies and technical solutions that readdress land use, ultimately impacting the security of our energy, water and soil resources, as well as infrastructure, food supply, health and design.     

Commodity futures markets: a survey

This review article describes the main contributions in the literature on commodity futures markets. It is argued that modern studies have focused primarily on technical questions, with insufficient economic content. More research needs to be directed towards understanding fundamental economic issues such as why so few farmers hedge, the impacts of government farm programs on commodity futures, and the market impacts of commodity pools. The literature has failed to explain the prevalence of inverted markets in grains and oilseeds, and there is unexplainable price volatility in markets such as hogs and orange juice.     

飞地型城镇研究:一个新的理论框架

贫困落后地区中“飞地”区域内的城镇化道路素来与发达地区的城镇化道路存在着较大的差距。“飞地”型城镇是指在某一个贫困落后地区中的“飞地”区域里,由于拥有某种独特的自然资源和环境,长期未得到有效地开发和利用,随着人类对其开发和利用,形成了自己的增长极和推进型产业并带动其他相关创新型产业迅速发展,从而带动城镇发展,并最终成为著名旅游城镇和地区。“飞地”型城镇概念的提出是建立在“增长极”理论和“飞地”经济理论基础上的。     

Banana policy: a European perspective

European Union banana policies do not make economic sense, and hence criticism of these policies is justified. Some facts should, though, be remembered. If the EU had chosen free trade in bananas when the Single Market was established, certain producers both inside and outside the EU would have lost income, and it proved politically impossible to choose direct financial compensation. Also, the quantitative implications of the new EU banana regime may be less than sometimes assumed, as trade has not been reduced very much. The WTO's role is not to judge the economic merits of these policies, but their legal justification.     

Drought policy: a graphical analysis*

The standard approach to modelling production under uncertainty has relied on the concept of the stochastic production function. In the present paper, it is argued that a state‐contingent production model is more flexible and realistic. The model is applied to the problem of drought policy.     

Price and Profit: Investigating a Conundrum

Corn and soybean prices do not differ significantly among farms participating in the Illinois farm business farm management (FBFM) program from 1996 through 2005. While consistent with the literature, the finding is inconsistent with farmers' opinion of the importance of price. A conundrum exists. However, the study also finds that price and profit per acre are positively related when a given farm is examined over time. Thus, the conundrum can be explained as a difference in perspective: researchers examine variation between price and profit across farms at a point in time while farmers examine this variation within his/her farm over time. Nevertheless, the relationship a farmer observes is likely due to market supply and demand factors, not the farmer's managerial control over the price received.