Quantification of welfare changes due to trade liberalization plays a crucial role for political decision making. However, significant differences in simulated gains from liberalization do not serve to increase confidence in quantitative assessments based on trade models. A meta-analysis of...

Contrary to expectations, large farms are still the dominant form of farm organization in most countries of the Commonwealth of Independent States and are important in some Central and Eastern countries. This paper analyzes the reasons for these failed expectations, focusing on the experience of...