International aid effectiveness has recently been significantly questioned in the development literature with regard to the large amount of aid received by developing countries to finance development projects and the mixed results achieved. However, assessment of development projects is not an...

In light of the 2007-2008 global food, fuel and financial crises, ”land grabbing” has attracted media spotlight due to concerns over welfare of farmers in these ”renter” countries, and the secrecy around the content of the deals signed. ”Land grabbing” is farmland's acquisition or...

We study the welfare effects of government-backed FDIs in Africa's farmlands. We build an occupational choice model featuring four mechanisms driving these effects. First, local farming is subject to social arrangements prescribing that farmers share their crop surplus with kin. Second, proceeds...

"The authors examine the price linkages among polyester (the dominant chemical fiber), cotton (the dominant natural fiber), and crude oil (the dominant energy commodity), based on monthly data between 1980 and 2002. The modeling framework incorporates several aspects of the unit root...

This paper examines the price linkages among polyester (the dominant chemical fiber), cotton (the dominant natural fiber), and crude oil (the dominant energy commodity) based on monthly data between 1980 and 2002. The modeling framework incorporates several aspects of the unit root econometrics...