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Wiley InterScience

JOURNALS

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Current Issue

Volume 91 Issue 5 (December 2009)


AAEA Fellows and Presidents

Fellows

Fellows, 1957–2009 (p i-iii)

Published Online: Nov 18 2009 11:39AM
DOI: 10.1111/j.1467-8276.2009.01332.x

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Michael Carter (p iv-v)

Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01333.x

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John M. Connor (p vi-vii)

Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01334.x

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Matthew T. Holt (p viii-ix)

Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01335.x

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Richard Howitt (p x-xi)

Published Online: Nov 18 2009 11:39AM
DOI: 10.1111/j.1467-8276.2009.01336.x

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Jason F. Shogren (p xii-xiii)

Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01337.x

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Laurian Unnevehr (p xiv-xv)

Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01338.x

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Presidents

Presidents, 1910–2010 (p xvi-xviii)

Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01339.x

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Ron C. Mittelhammer (p xix-xxii)

Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01340.x

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General Sessions

Presidential Address

Applied Economics—Without Apology (p 1161-1174)
Ron Mittelhammer
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01341.x

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T.W. Schultz Lecture

How Human Psychology Drives the Economy and Why It Matters (p 1175-1175)
George A. Akerlof
Published Online: Sep 15 2009 5:41PM
DOI: 10.1111/j.1467-8276.2009.01281.x

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Fellows Address

Consumption and Demand (p 1176-1186)
Rulon D. Pope
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01342.x

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ASSA Meeting Invited Paper Sessions

Crisis in U.S. Financial Markets—Spillover and Recovery Prospects in Rural America

Distressed Rural Housing – Is Economic, Farm, or Biofuel Policy More Influential in Leading a Recovery? (p 1187-1193)
Cole Gustafson, Saleem Shaik
Published Online: Sep 15 2009 5:42PM
DOI: 10.1111/j.1467-8276.2009.01282.x

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Interdependence of Macro and Agricultural Economics: How Sensitive is the Relationship? (p 1194-1200)
Dae-Heum Kwon, Won W. Koo
Published Online: Sep 15 2009 5:43PM
DOI: 10.1111/j.1467-8276.2009.01283.x

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Trends and Volatility in School Finance (p 1201-1208)
Mary Clare Ahearn, Maureen Kilkenny, Sarah A. Low
Published Online: Sep 15 2009 5:44PM
DOI: 10.1111/j.1467-8276.2009.01284.x

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Crisis in U.S. Financial Markets—Spillover and Recovery Prospects in Rural America: Discussion (p 1209-1210)
Jason Henderson
Published Online: Sep 15 2009 5:45PM
DOI: 10.1111/j.1467-8276.2009.01285.x

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Risk Sharing, CEO Incentives, and Quality Differentiation in Agricultural Cooperatives

Risk Management in the Cooperative Contract (p 1211-1217)
Ethan Ligon
Published Online: Sep 15 2009 5:45PM
DOI: 10.1111/j.1467-8276.2009.01286.x

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Incentive Pay for CEOs in Cooperative Firms (p 1218-1223)
Brent Hueth, Philippe Marcoul
Published Online: Sep 15 2009 5:48PM
DOI: 10.1111/j.1467-8276.2009.01287.x

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Optimal Cooperative Pooling in a Quality-Differentiated Market (p 1224-1232)
Tina L. Saitone, Richard J. Sexton
Published Online: Sep 15 2009 5:49PM
DOI: 10.1111/j.1467-8276.2009.01288.x

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Risk Sharing, CEO Incentives, and Quality Differentiation in Agricultural Cooperatives: Discussion (p 1233-1234)
Jacques Crémer
Published Online: Sep 15 2009 5:49PM
DOI: 10.1111/j.1467-8276.2009.01289.x

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The Causes and Consequences of Rising Food Prices

World Supply and Demand of Food Commodity Calories (p 1235-1242)
Michael J. Roberts, Wolfram Schlenker
Published Online: Sep 15 2009 5:50PM
DOI: 10.1111/j.1467-8276.2009.01290.x

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Between the Corporation and the Household: Commodity Prices, Risk Management, and Agricultural Production in the United States (p 1243-1249)
Shawn Cole, Barrett Kirwan
Published Online: Sep 15 2009 5:51PM
DOI: 10.1111/j.1467-8276.2009.01291.x

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Recent Commodity Price Movements in Historical Perspective (p 1250-1256)
Daniel A. Sumner
Published Online: Sep 15 2009 5:52PM
DOI: 10.1111/j.1467-8276.2009.01292.x

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The Causes and Consequences of Rising Food Prices: Discussion (p 1257-1258)
James D. Hamilton
Published Online: Sep 15 2009 5:52PM
DOI: 10.1111/j.1467-8276.2009.01293.x

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Field Experiments in Food and Resource Economics Research

Can Field Experiments Return Agricultural Economics to the Glory Days? (p 1259-1265)
David H. Herberich, Steven D. Levitt, John A. List
Published Online: Sep 15 2009 5:53PM
DOI: 10.1111/j.1467-8276.2009.01294.x

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Internal and External Validity in Economics Research: Tradeoffs between Experiments, Field Experiments, Natural Experiments, and Field Data (p 1266-1271)
Brian E. Roe, David R. Just
Published Online: Sep 15 2009 5:53PM
DOI: 10.1111/j.1467-8276.2009.01295.x

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Fairness, Farmers Markets, and Local Production (p 1272-1278)
Stephen Toler, Brian C. Briggeman, Jayson L. Lusk, Damian C. Adams
Published Online: Sep 15 2009 5:54PM
DOI: 10.1111/j.1467-8276.2009.01296.x

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Field Experiments in Food and Resource Economics Research: Discussion (p 1279-1280)
William Schulze
Published Online: Sep 15 2009 5:54PM
DOI: 10.1111/j.1467-8276.2009.01297.x

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Where Does All the Money Go? Measuring Effects of Agricultural Policy Transfers on Farm Income

Efficiency of Income Transfers to Farmers through Public Agricultural Research: Theory and Evidence from the United States (p 1281-1288)
Julian M. Alston
Published Online: Sep 15 2009 5:55PM
DOI: 10.1111/j.1467-8276.2009.01298.x

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Transfer Efficiency and Distributional Impacts of U.S. Farm Support: Evidence from a Macro–Micro Simulation (p 1289-1295)
Roman Keeney
Published Online: Sep 15 2009 5:55PM
DOI: 10.1111/j.1467-8276.2009.01299.x

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Farm Household Income and Transfer Efficiency: An Evaluation of United States Farm Program Payments (p 1296-1301)
Wyatt Thompson, Ashok K. Mishra, Joe Dewbre
Published Online: Sep 15 2009 5:57PM
DOI: 10.1111/j.1467-8276.2009.01300.x

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Where Does All the Money Go? Measuring Effects of Agricultural Policy Transfers on Farm Income: Discussion (p 1302-1303)
David Abler
Published Online: Sep 15 2009 5:57PM
DOI: 10.1111/j.1467-8276.2009.01301.x

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Open Space Issues at the Rural-Urban Fringe

Efficiency and Spatial Impacts of Development Taxes: The Critical Role of Alternative Revenue-Recycling Schemes (p 1304-1311)
Antonio M. Bento, Sofia F. Franco, Daniel T. Kaffine
Published Online: Sep 15 2009 5:59PM
DOI: 10.1111/j.1467-8276.2009.01302.x

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Do Sorting and Heterogeneity Matter for Open Space Policy Analysis? An Empirical Comparison of Hedonic and Sorting Models (p 1312-1318)
H. Allen Klaiber, Daniel J. Phaneuf
Published Online: Sep 15 2009 5:59PM
DOI: 10.1111/j.1467-8276.2009.01303.x

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A Valuation of Subdivision Open Space by Type (p 1319-1325)
Charles Towe
Published Online: Sep 15 2009 6:00PM
DOI: 10.1111/j.1467-8276.2009.01304.x

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Open Space Issues at the Rural–Urban Fringe: Discussion (p 1326-1327)
David J. Lewis
Published Online: Sep 15 2009 6:00PM
DOI: 10.1111/j.1467-8276.2009.01305.x

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AAEA Meeting Invited Paper Sessions

Advances in Environmental Benefit Transfer

Necessary Conditions for Valid Benefit Transfers (p 1328-1334)
Kevin J. Boyle, Nicolai V. Kuminoff, Christopher F. Parmeter, Jaren C. Pope
Published Online: Nov 18 2009 11:39AM
DOI: 10.1111/j.1467-8276.2009.01343.x

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Benefit Transfer from Multiple Contingent Experiments: A Flexible Two-Step Model Combining Individual Choice Data with Community Characteristics (p 1335-1342)
Klaus Moeltner, Robert J. Johnston, Randall S. Rosenberger, Joshua M. Duke
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01344.x

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Valuing Welfare Impacts of Beach Erosion: An Application of the Structural Benefit Transfer Method (p 1343-1350)
George Van Houtven, Christine Poulos
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01345.x

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Advances in Environmental Benefit Transfer: Discussion (p 1351-1352)
Richard C. Ready
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01346.x

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Preserving Multifunctional Agriculture

Informing Preservation of Multifunctional Agriculture when Primary Research Is Unavailable: An Application of Meta-Analysis (p 1353-1359)
Robert J. Johnston, Joshua M. Duke
Published Online: Nov 18 2009 11:39AM
DOI: 10.1111/j.1467-8276.2009.01347.x

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Surf and Turf: Tourists' Values for Multifunctional Working Landscapes and Water Quality in Colorado (p 1360-1367)
Sarah Cline, Andrew Seidl
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01348.x

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Land Preservation Programs Achieve High Levels of Efficiency (p 1368-1374)
Lori Lynch
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01349.x

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Preserving Multifunctional Agriculture: Discussion (p 1375-1376)
John C. Bergstrom
Published Online: Nov 18 2009 11:39AM
DOI: 10.1111/j.1467-8276.2009.01350.x

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New Research Directions in Agricultural Contracts

When Perception is Reality: Subjective Expectations and Contracting (p 1377-1381)
Marc F. Bellemare
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01351.x

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Experimental Economics and the Economics of Contracts (p 1382-1388)
David R. Just, Steven Y. Wu
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01352.x

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Food Safety Regulations under Ambiguity (p 1389-1396)
Tigran A. Melkonyan, Jens Schubert
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01353.x

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New Research Directions in Agricultural Contracts: Discussion (p 1397-1398)
Brent Hueth
Published Online: Nov 18 2009 11:39AM
DOI: 10.1111/j.1467-8276.2009.01354.x

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The Global Financial Crisis and Agricultural Financial Markets Impacts and Responses

An Overview of the Linkages of the Global Financial Crisis to Production Agriculture (p 1399-1405)
Paul N. Ellinger, Vishwanath Tirupattur
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01355.x

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The Financial Health of Agricultural Lenders (p 1406-1413)
Brian C. Briggeman, Michael A. Gunderson, Brent A. Gloy
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01356.x

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Impacts of the Financial Crisis on Risk Capacity and Exposure in Agriculture (p 1414-1421)
Nicholas D. Paulson, Bruce J. Sherrick
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01357.x

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The Global Financial Crisis and Agricultural Financial Markets Impacts and Responses: Discussion (p 1422-1423)
Neilson C. Conklin
Published Online: Nov 18 2009 11:39AM
DOI: 10.1111/j.1467-8276.2009.01358.x

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New Econometric Methods for Structural Change Analysis of Agricultural and Food Markets

Estimating Structural Change with Smooth Transition Regressions: An Application to Meat Demand (p 1424-1431)
Matthew T. Holt, Joseph V. Balagtas
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01359.x

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Markov-Switching Estimation of Spatial Maize Price Transmission Processes between Tanzania and Kenya (p 1432-1439)
Rico Ihle, Stephan von Cramon-Taubadel, Sergiy Zorya
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01360.x

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Estimating Long-Run Price Relationship with Structural Change of Unknown Timing: An Application to the Japanese Pork Market (p 1440-1447)
Kenji Adachi, Donald J. Liu
Published Online: Nov 18 2009 11:39AM
DOI: 10.1111/j.1467-8276.2009.01361.x

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New Econometric Methods for Structural Change Analysis of Agricultural and Food Markets: Discussion (p 1448-1449)
William G. Tomek, Timothy D. Mount
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01362.x

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High and Volatile Commodity Prices: What Do They Mean for Food Prices and Consumers?

Commodity Prices and Food Inflation (p 1450-1455)
Timothy J. Richards, Geoffrey M. Pofahl
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01363.x

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Patterns of Pass-through of Commodity Price Shocks to Retail Prices (p 1456-1461)
Peter Berck, Ephraim Leibtag, Alex Solis, Sofia Villas-Boas
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01364.x

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How Much and How Quick? Pass through of Commodity and Input Cost Changes to Retail Food Prices (p 1462-1467)
Ephraim Leibtag
Published Online: Nov 18 2009 11:39AM
DOI: 10.1111/j.1467-8276.2009.01365.x

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High and Volatile Commodity Prices: What Do They Mean for Food Prices and Consumers: Discussion (p 1468-1469)
Abebayehu Tegene
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01366.x

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International Food Safety Regulations in the Unites States and the European Union: Balancing Consumer Confidence and Trade

Index of Consumer Confidence in the Safety of the United States Food System (p 1470-1476)
Jean Kinsey, R. Wes Harrison, Dennis Degeneffe, Gustavo Ferreira, Sakiko Shiratori
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01367.x

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What Drives Import Refusals? (p 1477-1483)
Kathy Baylis, Andrea Martens, Lia Nogueira
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01368.x

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Regulatory Policies in Meat Trade: Is There Evidence for Least Trade-distorting Sanitary Regulations? (p 1484-1490)
Simon W. Schlueter, Christine Wieck, Thomas Heckelei
Published Online: Nov 18 2009 11:39AM
DOI: 10.1111/j.1467-8276.2009.01369.x

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International Food Safety Regulations in the United States and the European Union—Balancing Consumer Confidence and Trade: Discussion (p 1491-1492)
Alex Winter-Nelson
Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01370.x

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Award Winning Papers

Abstracts of Award-Winning Theses (p 1493-1496)

Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01371.x

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The Profitability of Transitioning to Organic Grain Crops in Indiana (p 1497-1504)
Samuel F. Clark
Published Online: Nov 18 2009 11:39AM
DOI: 10.1111/j.1467-8276.2009.01372.x

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Abstracts of Second- and Third-Place Undergraduate Papers (p 1505-1505)

Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01373.x

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AAEA Business

Report of the AJAE Editors for 2008 (p 1506-1512)

Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01374.x

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2009 Books Reviewed (p 1513-1513)

Published Online: Nov 18 2009 11:40AM
DOI: 10.1111/j.1467-8276.2009.01375.x

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