Out of sample tests were performed on two meat demand models: the linear, relative-price real-income specification and the almost ideal demand system. Variants of each model included seasonal effects and habit formation. Estimation procedures included single equation OLS, seemingly unrelated...

The California-Arizona lemon industry, after a long history of using fresh market shipment controls, operated during 1985-1986 without using the weekly prorate provisions of its federal marketing order. This article compares the level and variability of weekly shipments and prices for the,...

The formal relationship between price asymmetry and marketing margins is derived and illustrated with a weekly analysis of prices and margins for fresh lemons and Navel oranges in four retail markets. In the short-run, retail prices and margins for both products were more responsive to f.o.b....

Price competition is a fundamental assumption in modeling trade. Empirical applications often use unit values as proxies for price. This is a problem if unit values cannot explain trade flows consistent with the price competition assumption. The paper determines whether this condition exists in...

The Trade Adjustment Assistance Program, created in the Trade Act of 2002, authorizes temporary payments to farmers hurt by import competition. The Act requires petitioning farmers to demonstrate that prices have fallen by at least the statutory minimum proportion, and importantly, as a result...