Kansas State University Agricultural Experiment Station and Cooperative Extension Service Previously, the release of Conservation Reserve Program (CRP) acres for emergency haying and grazing was a result of drought conditions. Under new program rules, haying and grazing is now allowed on eligible acres regardless of moisture conditions under managed haying and grazing. Managed haying and grazin...

Neoclassical economists argue that competition promotes efficiency. They consider technology as given though. In the long run technological progress is an important determinant of the level of welfare and Schumpeter argued that monopoly rents help entrepreneurs to capture the gains of R&D and hence to invest in it. We investigate the overall effect of competition on performance. Performance is ...

Developing technological applications, entering exploitation alliances, and choosing between a researchor service-focused strategic orientation are decisions that high-tech firms must manage concurrently. This paper explores systematically the contrasting effects of these strategic determinants on rent-generation and rent-appropriation using the entire population of French biotech firms (1994-2...

This paper conceptualises foreign aid as a geopolitical form of rent in order to help distinguish the conditions under which aid is detrimental to sustained economic recovery from those where it is beneficial. Foreign aid shares with natural resource rent and contrived (i.e., government monopoly) rent the property of being a large revenue stream that is detached from the economic activity that ...

Corruption is a function of its return relative to engaging in productive activities. This paper presents an approach for thinking about the institutional features of societies and the resulting amount of corruption. The empirical results suggest that political competition is more important than competition in information-producing industries. The rent-seeking view of the relation between gover...

Over the past century, the tuna canning industry has been dominated by a few big companies, some of them having changed of ownership or merged: these oligopolistic firms are the “big three” in the USA, Van Camp, Star Kist, and Bumble Bee, the French Saupiquet, the Italian Trinity Alimentari and the Spanish Calvo in Europe, and, a bit later, the Thailandese groups Thai Union and Sea Value. Speci...