Japanese multinational enterprises (MNEs) have been popularly characterized as pursuing competitive strategies emphasizing long-term performance, especially growth in sales and market share, rather than shorter term profit performance. Though prior research has emphasized the importance of...

The arrival of Africanized Honey Bees in the United States in the 1990s raised a host of economic and ecological concerns. Agriculture is potentially affected both directly by the reduction in honey production and indirectly by the loss of pollinators. This study examines whether the arrival of...

A theoretical model of farmland valuation is developed to explicitly account for three effects of urban sprawl: conversion of farmland to urban uses, effect on agricultural returns, and speculative effect as represented by farmland conversion risk. This model is estimated using county-level data...

This paper develops a partial-equilibrium model of a small open-economy trading an unsafe product. The model is used to analyze the welfare effects of trade with and without a country-of-origin labeling (COOL) program. The welfare gains from trade in the absence of COOL are ambiguous, may...

Given the importance of location choice for accessing knowledge, we examine the location choices of domestic and foreign firms in an emerging economy after market liberalization. In the literature, co-locating with other firms has been associated with agglomerative economies and knowledge...

The empirical application of stochastic dominance in the selection of crop alternatives under risk has typically been based on a step function specification of the empirical cumulative distribution function (cdf). This specification has questionable consequences for the analysis, particularly...