agricultural yields and low food prices. Critical to this success has been sustained public sector investment combined with a … decentralized and competitive research system in the US. Recent intellectual property reforms motivated increased private investment …. For new technologies, the case of agriculture demonstrates that government has an important role in antitrust, the …

Recent models of firm investment decisions stressing informational imperfections in capital markets provide a … foundation for interpreting evidence that movements in internal finance can predict investment opportunities. While such evidence … worth and the profitability of investment, and reasonable measures of net worth can be constructed. Second, rather than …

This paper examines whether agricultural insurance can boost investment by small scale farmers in West Africa. We … impact of insurance on cotton, but, consistent with microeconomic theory, we find significant spillover impacts on investment … that limited its impacts. Overall, this study suggests a promising role of index insurance for stimulating investment, but …

We test for the presence of an addictive effect of arbitration (positive state dependence) using data both from a … view that use of arbitration per se leads to state dependence either through reducing uncertainty about the arbitral … explanation for any positive state dependence we find in the British Columbia field data must lie in an aspect of the arbitration …

about the extent to which conventional arbitration decisions are fashioned as mechanical compromises of the parties' final … in the arbitration decisions, this evidence of mechanical compromise behavior should be viewed as characterizing the … overall operation of conventional arbitration mechanisms and not the behavior of individual arbitrators in any particular case …

Agreement (NAFTA). Under NAFTA, licenses and quotas that restricted agricultural trade between Mexico and the United States were …, remain in effect for bilateral Canadian- U.S. trade. NAFTA received support from export-oriented U.S. producers of most … disputes about Canadian exports of wheat and peanut butter. With these concessions, NAFTA results in essentially no reform of …

We provide a quantitative assessment of both the aggregate and the distributional effects of revoking NAFTA using a … NAFTA would reduce US welfare by about 0.2%, and Canadian and Mexican welfare by about 2%. The distributional impacts of … revoking NAFTA across workers in different sectors are an order of magnitude larger in all three countries, ranging from -2 …

This paper assesses the economic conditions for Asian countries to cope with the formation of EU and NAFTA. Is it … Asian countries against two big blocs in the world, EU and NAFTA; (ii) it is natural for the United States to discourage …

One of the motivations for NAFTA from the US point of view was to reduce the" incentives for Mexican migration into the … group should therefore" be made better off by trade and investment liberalization according to the traditional" Heckscher …-Ohlin model. Existing evidence, along with best guesses of many experts in the" area, suggest that NAFTA is unlikely to have a …