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The authors develop an expected utility model with heterogeneous individuals and apply some of the approaches developed in the energy literature to explicitly identify the public nature characteristics of susceptibility in a dynamic setting and to characterize the optimal intertemporal usage...

This paper reports a new set of estimates of the returns to swine research in Canada. These estimates were obtained using Agriculture and Agrifood Canada's Canadian Regional Agricultural Model (CRAM). Positive Mathematical Programming was incorporated into the model for use in this study. The...

A unique discrete choice experiment (DCE) is used to estimate the relative importance ofquality attributes to Australian beef consumers. In the DCE, consumers choose theirpreferred beef steaks from options varying in a large number of intrinsic (marbling and fattrim) and extrinsic/credence...

This paper presents a theoretical economic model assessing the effect of the level of mandatory geneticallymodified (GM) / non-GM coexistence regulations on market and welfare outcome. We assumevertical differentiation of GM and non-GM goods on the consumer side. Producers are heterogeneousin...

A framework is developed for examining the price and welfare effects of the introduction of genetically modified (GM) crops. In the short run, non-GM grain generally becomes another niche product. However, more profound market effects are observed under some reasonable parameterizations. In the...

This study uses a unique firm-level dataset to examine how falling trade costs from 1993-2001 affected entry, exit, productivity, and exporting in the Korean manufacturing sector. We verify many of the predictions of recent heterogeneous-firm models of international trade. For example, falling...

The focus of the microeconomic technology adoption literature has been on the adoption and diffusion of new innovations: who adopts, and when they adopt. Implicit in the literature is that consumers will embrace the product that results from the use of the new technology. If producers have...

Rice sector contributes significantly to secure households with regard to their food needs but also to the creation of employments and income generation. The sector development and its evolution over the years have been marked by various policies and approaches. These development stages of the...

This paper evaluates the production and trade trends for maize and maize products in southern Africa, individual countries’ revealed comparative advantages in producing these products, and the expected implications of freer trade in this sector. The analysis employs mainly annual bilateral...