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Replaced with revised version of paper 07/22/11.
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Recent increases in the price of crude oil have led to a rise in the prominence of corn-based ethanol as an alternative source of energy. As a result linkages have been established between commodity and energy prices. The aim of this study is to determine if soybeans, corn, wheat, oil, and...
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A combination of higher oil production as well as higher oil prices is creating oil revenue windfalls for some Sub Saharan African countries. If well managed, these revenues have the potential to reduce poverty and bridge the development gap; if not they could lead to Dutch disease and an...
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Economic theory gives no clear indication of the minimum number of producers necessary for a market to define competitive price-quantity equilibria which approximate price equal to marginal cost. Previous work and FERC Guidelines generally suggest that 6 to 10 generators may be workably...
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and set rules and regulations that they self-enforce. The paper finds that FMOs engaged actively in marketing practices in …
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