This paper looks at some of the reasons why free trade has failed to improve the allocation of resources in developing countries, and considers the impact of trade liberalization on the Latin American region during the 1990 2000 period. Under liberalized trade, economic crises have grown in...

The curvature properties of the indirect utility function imply a set of refutable implications in the form of comparative static results and symmetric relations for the competitive firm operating under uncertainty. These hypotheses, first derived and empirically tested under output price...

The curvature properties of the indirect utility function imply a set of refutable implications in the form of comparative static results and symmetric relations for the competitive firm operating under uncertainty. These hypotheses, first derived and empirically tested under output price...

The impact of an ad valorem pesticide tax on cropping patterns and pesticide use was examined in the South Central Texas Crop Reporting District. Output supply equations were econometrically estimated and used in the simulation. A 25 percent tax on pesticide was estimated to have major impacts...

In a seeming paradox, bluegrass seed production in the State of Washington increased following imposition of a statewide ban on stubble burning in 1996. Despite forecasts that alternative production practices would increase the cost of producing bluegrass seed so much that the industry would be...

Some implications of theory are easily maintained in econometric estimation, but computational costs of maintaining curvature properties (sufficient for existence of an optimal solution) have often proved prohibitive. They also have been violated frequently by unrestricted econometric estimates....

Aggregate dual models are specified to examine multiple-output production relationships in each of four major, geographically dispersed, agricultural states (California, Iowa, Texas, and Florida). Three locally-flexible functional forms (translog, generalized Leontief, and normalized quadratic)...