Department of Agricultural Economics
Courses
Course taught by Dr. Richardson.
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11.03.04

Faculty Member Information

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James W. Richardson
Regents Professor and TAES Senior Faculty Fellow
Co-Director of the Agriculture Food Policy Center (AFPC)

Research Interests:
Agricultural Policy, Risk Analysis, Simulation, Taxes, Income Analysis, and Production Economics

Office Address:
450C Blocker
2124 TAMU
College Station, TX 77843-2124

Contact Information:
(979) 845-5913 (Office)
(979) 845-3140 (Fax)

Email Address:
jwrichardson@tamu.edu

Personal Website:
http://www.afpc.tamu.edu/employees/index.php?content=richardson

Dr. James Richardson

About Dr. Richardson:
Dr. James W. Richardson, Regents Professor of agricultural economics, has research and graduate teaching, responsibilities in public policy and simulation analysis. Richardson's research has attracted national recognition by emphasizing quantitative, risk based policy analyses through the use of farm-level simulation models (FLIPSIM).

Evaluating the farm-level impacts of agricultural and tax policies on crop, livestock, and dairy farms is Richardson's specialty. His research is largely responsible for the ability of AFPC to evaluate the implications of policy decisions at the farm level -- the analytical dimension for which the Center is best known. As new policies are considered, their consequences are evaluated and the results are provided to policymakers, producers, producer groups, and policy analysts.

Richardson's research also involves quantitatively evaluating the impacts of new technology on the economic viability of agricultural firms, farm program formulation, farm structure, and competitiveness of U.S. agriculture. Richardson developed a simulation language and data analysis package (Simetar©) for teaching risk analysis and for policy analysis modeling.

Richardson received degrees in agricultural economics from New Mexico State University and Oklahoma State University. He has received five Awards for Professional Excellence from the American Agricultural Economics Association, the TAMU Faculty Distinguished Achievement Award for Research, Southern Agricultural Economics Association Distinguished Professional Contribution Award for both Research and Extension, Deputy Chancellor's Distinguished Performance Team Awards for both Research and Extension Education twice, College of Agriculture and Life Sciences Honor Professor, and Deputy Chancellor Award for TAES Senior Faculty Fellow, TAMU Regents Professor, two USDA Administrators Awards, and the Farm Foundation Award for Outstanding Achievement in Public Issues Education.

Selected Publications:
Richardson, J.W., B. K. Herbst, J. L. Outlaw, and R. C. Gill, II. "Including Risk in Economic Feasibility Analyses: The Case of Ethanol in Texas." Journal of AgriBusiness, Forthcoming (2007).

Richardson, J. W., B. Herbst, A. Duncan, M. D. Besten, P. V. Boven, "Location Preference for Risk Averse Dutch Dairy Farmers Immigrating to the United States." Journal of Agricultural and Applied Economics. Forthcoming (2007).

Raulston, J. M., S. L. Klose, J. L. Outlaw, and J. W. Richardson. "The Impact of Increased Planting Flexibility on Planting Decisions in Texas." Journal of the American Society of Farm Managers and Rural Appraisers.> 2007, Vol. 70, No. 1, Pg 85-94.

Raulston, J.M., J.W. Richardson, S.L. Klose, and J.L. Outlaw. "The Farm Level Impacts of Operating the Current Farm Bill at Reduced Federal Budget Spending Levels." Western Economics Forum. 6,1(Spring 2007): 42-48.

Raulston, J.M., J.L. Outlaw, and J.W. Richardson. "Potential Cost of Being Less Trade Distorting on U.S. Crop Farms." Proceedings of the 16th International Farm Management Association Congress. 93-99(2007).

Richardson, J.W. and J.L. Outlaw. "Training Commercial Farmers How to Analyze and Rank Risky Alternatives." Proceedings of the 16th International Farm Management Association Congress. 300-316(2007).

Richardson, J.W., W.J. Lemmer, J.L. Outlaw. "Bio-Ethanol Production from Wheat in the Winter Rainfall Region of South Africa: A Quantitative Risk Analysis." International Food and Agribusiness Management Review. Forthcoming (2007).

Outlaw, Joe L., Luis A. Ribera, James W. Richardson, Jorge da Silva, Henry Bryant, and Steven Klose, "Economics of Sugar-Based Ethanol Production and Related Policy Issues", Journal of Agricultural and Applied Economics, 39(2007):357-363.