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We derive a method to econometrically estimate the tariff equivalent and foregone trade effects of a prohibitive technical barrier to trade (TBT) based on Wales and Woodland's Kuhn-Tucker approach to corner solutions in consumer choice. The method overcomes the lack of observed data on bilateral...
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This paper estimates distributions of consumer willingness to pay (WTP) for organic and animal welfare product attributes using market data and compares the results to existing experiment-based findings. We find that the WTP premium estimated for organic eggs is consistent with experimental...
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Turfgrass lawns provide many environmental benefits, including temperature moderation, soil stabilization in urban centers, and surface water runoff reduction in the rapidly urbanizing societies. Recently, more sustainable management of urban vegetation have arisen to encourage Florida...
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