We also learnt much about the conditions under which agriculture-led growth is most likely to succeed. There are five key conditions. First, agricultural growth needs to be technologically driven so that output prices can fall while farm incomes increase. It is not enough to simply use more farm inputs like fertilizer and irrigation water and investments in productivity-enhancing agricultural r...

This paper discusses the vulnerability and adaptation of the agricultural sector of China to global wanning. Based on a summarization of Chinese agricultural and general circulation model trends, adverse impacts on China's agriculture caused by a warming and drying climate were identified. Because of limited irrigation potential, the sustainable development of Chinese agriculture will be diffic...

Musculoskeletal disorders (MSDs) are increasingly recognized as a significant hazard of agricultural occupation. In agricultural jobs with significant physical labor, MSDs are typically the most frequently reported injury. Although not as lethal as tractor roll-overs, MSDs can result in disability, lost work time, and increased production costs. MSDs increase production costs as a result of wor...

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Agricultural beneficial management practices (BMPs) are popular strategies for mitigating non-point sources of pollution. There are economic costs for BMP placement on agricultural lands mainly because it affects profit margins of farm operations. Given the cost implication and biophysical heterogeneity of farm lands, 8 the spatial targeting of BMP placement is consequential to their cost-effec...

Over the past three decades, the agricultural biotechnology sector has been characterized by rapid innovation, market consolidation, and a more exhaustive definition of property rights. The industry attributes consistently identified by the literature and important to this analysis include: (i) endogenous sunk costs in the form of expenditures on R&D; (ii) seed and agricultural chemical technol...

Prior to deforestation, São Paulo State had 79,000 km(2) covered by Cerrado (Brazilian savanna) physiognomies, but today less than 8.5% of this biodiversity hotspot remains, mostly in private lands. The global demand for agricultural goods has imposed strong pressure on natural areas, and the economic decisions of agribusiness managers are crucial to the fate of Cerrado domain remaining areas (...

Transaction costs in financial intermediation are a measure of the 'friction' existing in the functioning of financial markets. The higher the costs of intermediation, the less efficient the performance of the financial sector in resource allocation and distribution. Transaction costs frequently increase as a result of regulations imposed on financial markets, such as interest-rate restrictions...

Over the past three decades, the agricultural biotechnology sector has been characterized by rapid innovation, market consolidation, and a more exhaustive definition of property rights. The industry attributes consistently identified by the literature and important to this analysis include: (i) endogenous sunk costs in the form of expenditures on R&D; (ii) seed and agricultural chemical technol...