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The dimensions that define a food product have expanded rapidly to include characteristics of the production process, marketing arrangements, and implications that production and consumption of the product have for the environment. Some market intermediaries have responded by requiring that their suppliers abide by restrictive production practices. We examine the economic effects of such restr…
- Tahun Terbit
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This contribution is based on an exploration of the nature and meaning of some of Sraffa�s and Wittgenstein�s mutual ontological, methodological and philosophical influences whose initial findings are set out in Arena (2013). The article has two core objectives. First, I argue that, based on earlier findings, a different interpretation of Sraffa�s contribution to economics is…
- Tahun Terbit
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Applicability of the induced innovation hypothesis�that a change in relative input prices induces innovation to economize use of the increasingly expensive input (Hicks 1932)�is examined for U.S. public agricultural research. A reduced-form test is developed using input prices from the agricultural production sector, expenditures from the public research sector aimed at developing new…
- Tahun Terbit
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