Due to expanding trade and increasing concentration of production during the past few decades, small local farms have faced ever-growing competitive pressures. We investigate the impacts of this globalization on production of local food by examining Hawaiʻi’s open island economy and...

Due to expanding trade and increasing concentration of production during the past few decades, small local farms have faced ever-growing competitive pressures. We investigate the impacts of this globalization on production of local food by examining Hawaiʻi’s open island economy and...

Faced with limited energy resources and soaring energy demand arising from rapid economic growth, Taiwan has to import a substantial amount of energy. In 1983, 88 percent of its total energy requirement (35.54 million kiloliters of oil equivalent) was imported. Since this heavy dependence will...

This article compares the effects on global agricultural trade patterns of Asia-Pacific regional economic integration led by the United States versus that by China. Our analysis employs a Eaton-Kortum type model in which agricultural producers have access to technology with heterogeneous...

This paper quantitatively assesses the impact of falling foreign direct investment (FDI) barriers on individual firms and its implications for intra-industry reallocation and aggregate productivity. We calibrate the firm-heterogeneity model of Eaton et al. (Econometrica 79(5):1453–1498, <CitationRef CitationID="CR9">2011</CitationRef>)...</citationref>

Japan’s agriculture has been inward oriented, protected by trade barriers from foreign competition. Even though the share of Japan’s food consumption provided by Japanese production has gradually fallen, Japan’s farm sector remains the second-largest among the countries negotiating the...

China's Approved Destination Status (ADS) policy allows citizens of mainland China to take pleasure trips abroad on group package tours to countries that have negotiated and implemented agreements with China. In this paper, we examine the reasons for this unique preferential and incremental...

ChinaÕs Approved Destination Status (ADS) policy governs foreign leisure travel by citizens to ADS-designated countries. To model the effects of ADS on Chinese visitor arrivals, we specify a model of demand for a representative Chinese consumer who values trips to n differentiated foreign...