This study asks the question, what is the relationship between traditional models of market power and structural auction models? An encompassing model is derived that considers both price markdowns due to bid shading during an auction and price markdowns at the industry-level due to imperfect...

This study discusses the potential for expanding cultivation of biofuel feedstock in Mozambique from several angles. Taking the case of sugarcane, it explores the potential to expand production, through exploring both biophysical factors and patterns of existing investment. We review recent...

This study discusses the potential for expanding cultivation of biofuel feedstock in Mozambique from several angles. Taking the case of sugarcane, it explores the potential to expand production, through exploring both biophysical factors and patterns of existing investment. We review recent...

This report presents both methodology and results of a medium-term outlook for soybean markets in South Africa, Zambia, Malawi and Mozambique. Soybeans are attractive crops for many economic, social and environmental reasons, and the sector appears to have a promising future in Eastern and...

One explanation for the widening of racial earnings gaps among family heads during the 1980s is that black families were increasingly headed by females during that period. This explanation is tested using data on black and white family heads in 1976 and 1985 from the Institute for Research on...

This study develops an alternative way of identifying the heterogeneity of WTP estimates for product attributes. The alternative approach combines mixed logit models with a latent segmentation method (MLS). First, the combined MLS approach estimates a mixed logit model and retrieve individual...

The study examines the impacts of implementing mandatory country of origin labeling (COOL) on producer and consumer welfare in the U.S. meat industry. The equilibrium displacement model developed in this study includes twenty-nine equations representing retail-, processing-, and farm-level...

This study presents a theoretical and empirical analysis of the distribution of generic advertising benefits across individual producers. We develop a closed-economy partial equilibrium model that allows for the presence of producer heterogeneity in supply response. Analytical results indicate...

The impacts of market reforms on prices volatility in developing countries are not well understood because analysts have not been able to predict the impacts. This study investigates whether the reforms have exacerbated the degree of spatial volatility of maize price in Tanzania using ARCH-M...