Faculty Member Information
James W. Richardson |
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About Dr. Richardson:
Dr. James W. Richardson, Regents Professor of agricultural economics and Co-Director of the Agricultural and Food Policy Center. He has research and graduate teaching responsibilities in public policy and risk analysis. Richardson's research has attracted national recognition by emphasizing quantitative, risk based policy analyses through the use of farm-level simulation models.
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. More recently his research has expanded to include risk based economic feasibility of alternative renewable energy feedstocks and production systems.
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 risk 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, Lifetime Achievement awards from both the Southern Agricultural Economics Association and Western Agricultural Economics Association, the TAMU Faculty Distinguished Achievement Award for Research and for Graduate Mentoring, 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 three times, College of Agriculture and Life Sciences Honor Professor, and Deputy Chancellor Award for AgriLife Research 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. “Career Planning: Is the Land Grant System for You?” Journal of Agricultural and Applied Economics, 41,2 (August 2009): 333-336.
Dicks, M.R., J. Campiche, D. De La Torre Ugarte, C. Hellwinckel, H.L. Bryant, and J.W. Richardson. “Land Use Implications of Expanding Biofuel Demand.” Journal of Agricultural and Applied Economics, 41,2 (August 2009): 435-453.
Campiche, J.L., H.L. Bryant, and J.W. Richardson. “Long-run Effects of Falling Cellulosic Ethanol Production Costs on the US Agricultural Economy.” Environmental Research Letters, 5(2010) 014018, 8pgs.
Park, B.S., J.W. Richardson, and C. Gilliland. “Effect of IRC Code 1031 on Texas Agricultural Land Price.” Journal of the American Society of Farm Managers and Rural Appraisers, Vol. 73, No. 1 (June 2010): 114-129.
Richardson, J.W., J.L. Outlaw, and M. Allison. “The Economics of Micro Algae Oil.” AgBioForum, Vol. 13, No. 2, Article 4: 119-130, 2010.
Hardaker, J.B., J.W. Richardson, G. Lien, and K.D. Schumann. "Stochastic Efficiency Analysis With Risk Aversion Bounds: A Simplified Approach." The Australian Journal of Agricultural and Resource Economics, 48:2, 2004, pp. 253-270.
Richardson, J.W., W.J. Lemmer, and 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. Volume 10, Issue 2, 2007, pgs 181-204.
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.
Lien, G., J.B. Hardaker, M.A.P.M. van Asseldonk, and J.W. Richardson. "Risk Programming and Sparse Data: How to Get More Reliable Results." Agricultural Systems, forthcoming (2009).
Lien, G., J.B. Hardaker, M.A.P.M. van Asseldonk, and J.W. Richardson. "Risk Programming Analysis with Imperfect Information." Annals of Operations Research, forthcoming (2009).
Miller, C., J.W. Richardson, C. Gilliland, and J.L. Outlaw. "Impacts of Farm Income and Personal Income on Texas Land Values, 1965-2004." Journal of the American Society of Farm Managers and Rural Appraisers, forthcoming (2009).