This paper analyzes the determinants of foreign direct investments by the U.S. food processing industry in developed and developing countries. We find that market size, per capita income, openness of the economy, inflation rate, and exchange rate significantly affect U.S. food processing firms'...

Using a highly disaggregated U.S. Computable General Equilibrium (CGE) model, we analyze the distributional impacts from the commodity programs governed by the 2002 Farm Act on U.S. farm and non-farm households. The farm household impacts occur through program effects on household income, farm...

International dairy industries remain among the most distorted agricultural sectors. Dairy average bound tariffs remain among the highest of all agricultural commodities, and dairy trade is characterized by a large number of megatariffs and tariff-rate quotas (TRQs). The objective of our study...

Based on a large-scale survey in 11 cities, this study employs probit and logit models to estimate the effects of various explanatory variables on the likelihood of biotech food acceptance in China. Analyses focus on biotech soybean oil, input- and output-trait biotech rice, and livestock...

In this paper we present a continuous time optimal control analysis of resistance buildup in agricultural chemicals when the supplier is a monopolist. We compare the monopolistic, competitive and socially optimal solutions after establishing the stability of each equilibrium. The central finding...

In this paper, we model the trade-off between equity and efficiency in a market for a resource when users of that resource are heterogeneous. We develop the analytical model, and show that under certain circumstances efficiency can be achieved in a manner that also reduces inequality. We also...

This paper examines the potential for adverse selection when farmers are offered a portfolio of insurance policies. We analyze the risk characteristics farmers who bought alternative insurance instruments in 1996-97. Inability to differentiate farmers according to risk types results in pooling...

A whole-farm modeling approach applied to survey data was used to assess the economic impacts on Heartland hog farms of alternative manure management regulations on manure application. Results showed differential economic impacts on the hog operations. Many large farms (over 2,500 hogs) had to...

This paper derives a method to quantify the short- to medium-run impact of biofuel on fuel markets, assuming that these markets are dominated by cartel of oil-rich countries, and that prices in these countries are set to maximize the sum of domestic consumer and producer surplus, leading to a...