The paper tests a political economy theory of simultaneous government decision-making on income redistribution through commodity policies and on public research investment in agriculture. We use data from 37 countries on agricultural protection and public agricultural research expenditures (PARI). The empirical results are consistent with the political economy hypotheses. The analysis suggest t...

The efficacy of commodity checkoff programs, especially the effects of generic advertising programs, on producers' welfare has received much attention by agricultural economists , commodity groups, and legal observers. At the center of the debate has been the question of whether producers are better off under a voluntary or mandatory checkoff program. Allocation of checkoff funds for generic ad...

In this paper, we draw the key linkages between future biofuels growth on agricultural commodity prices, and highlight some of the key uncertainties over OECD fuel and energy policies, and their implications for global agricultural markets and the world food situation. Our results show some of the implications that biofuels expansion has on crop area expansion in regions where environmental con...

The Turn of the month (ToM) effect is a calendar anomaly when majority returns an asset are concentrated into several days around end old and start new one. Until now, investigation ToM has mainly been focused on stock markets. However, this paper investigates presence in eight key agricultural commodity markets (cocoa, coffee, corn, cotton, rice, soybean, sugar, wheat), using three diffe...

Abstract Agricultural modernisation is a longstanding goal of China’s Party-state. Since the early 2000s, it has pursued this through policies designed to facilitate land consolidation and support expansion large agricultural enterprises – ‘New Operators’ (NAOs). In paper we explore effect these on livelihoods cohort smallholder orange growers in mountainous regions Hubei province local politic...