"While the Central America Free Trade Agreement (CAFTA) remains a hotly debated issue in all five Central American countries that are part of the treaty, most discussions are based on preconceived opinions rather than grounded in research-based results. The point of departure of the paper is...

This study examines the dynamic relationship between spot and futures prices of agricultural commodities. We first briefly discuss what the non-arbitrage and asset pricing theory has to say about the relationship between spot and futures markets. Next, using recent price data for corn, wheat,...

We conduct framed trust games using contract dairy farmers in Vietnam as first movers to assess the impact of potential collusion on trust. Disaggregated analysis suggests that female farmers are more likely to trust overall, but are also more responsive to the addition of a third party and...

"While the Central America Free Trade Agreement (CAFTA) remains a hotly debated issue in all five Central American countries that are part of the treaty, most discussions are based on preconceived opinions rather than grounded in research-based results. The point of departure of the paper is...

This methodological note discusses the potential and limits of using voucher-based experiments to randomly evaluate the micro-level impact of infrastructures on households' well-being. We argue that such methods are policy relevant, statistically robust, and ethically correct. A number of...

The literature regarding consumer demand for safer food in developing countries is scant, and the general assumption is that these consumers' willingness to pay (WTP, as an indicator of their demand) is constrained by their low ability to pay (ATP). There are, however, a number of developing...

The food price crisis of 2007–2008 and recent resurgence of food prices have focused increasing attention on the causes and consequences of food price volatility in international food markets and the developing world, particularly in Africa south of the Sahara. In this paper, we examine...

In the context of the Ghanaian government’s objective of structural transformation with an emphasis on manufacturing, this paper provides a case study of economic transformation in Ghana, exploring patterns of growth, sectoral transformation, and agglomeration. We document and examine...

Secure land rights are a critical, but often overlooked, factor in achieving household food security and improved nutritional status in rural areas of developing countries. This study evaluates the impact of India’s land-allocation and registration program in West Bengal, a program that...