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Replaced with revised version of poster 07/20/11.
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Kliauga, de Gorter, and Just (2008) and de Gorter, Drabik, and Just (2010) argue that the United States and the European Union establish the world ethanol and biodiesel prices, respectively. We test these theories using a cointegration analysis and the Vector Error Correction (VEC) model. Weekly...
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Agricultural support payments that cause no or minimal production distortions are exempt from World Trade Organization restrictions. If and how much decoupled payments, such as direct payments in the U.S., affect agricultural production remains an open empirical question with implications for...
Persistent link: https://www.econbiz.de/10009020967
The fact that trade, and especially agricultural trade, remains far from free is puzzling, since the superiority of free trade receives overwhelming support among economists (Gawande and Krishna, 2003; Rodrik, 1994). International trade scholars have devoted significant resources to forecasting the...
Persistent link: https://www.econbiz.de/10009020997
There is a strong linkage between the behavior of the rice market and the state of food security in many regions around the world, particularly in Asia, as made evident in the 2007-08 commodity crisis. Rice is a staple for the majority of the population in Asia, where roughly 60% of the close to...
Persistent link: https://www.econbiz.de/10009021037
We outline new data on non-tariff measures (NTMs) in agricultural trade collected as part of the NTM-Impact project. The data cover product and process standards, conformity assessment measures, and country requirements for the EU and 10 other countries. We create a Heterogeneity Index of Trade...
Persistent link: https://www.econbiz.de/10009021039
This study allows for variation of trade costs among regions, since a single trade costs measure may not appreciate the large number and diverse regions of the United States through which trade in food manufacturing occurs.
Persistent link: https://www.econbiz.de/10009021040