I study the integration of regions in the form of a merger of populations, which I interpret as a revision of people’s social space and their comparison set; I illustrate the way in which a merger can aggravate social distress; and I consider policy responses. Specifically, I view the merger...

In this paper I study policy responses to an increase in post-merger distress. I consider the integration of regions and nations as a merger of populations which I view as a revision of social space, and I identify the effect of the merger on aggregate distress. The paper is based on the premise...

This paper considers the integration of economies as a merger of populations. The premise is that the merger of groups of people alters their social landscape and their comparators. The paper identifies the effect of the merger on aggregate distress. A merger is shown to increase aggregate...

The Evolution of California Agriculture 1850-2000, by Alan L. Olmstead and Paul W. Rhode; Cross Sections of a Diverse Agriculture: Profiles of California's Agricultural Production Regions and Principle Commodities, by Warren E. Johnston; The Measure of California Agriculture and Its Importance in...

Agricultural exports are important to many regional economies, as is the case for agricultural exports wither produced in or shipped through Louisiana. A hybrid (revised and verified) IMPLAN model of the Louisiana economy is used to estimate the direct and indirect impact of agricultural...

Rural areas in the United States, like in other OECD countries, rely heavily on manufacturing as a source of income. Taking stock of previous studies on the impact of trade and FDI liberalization on manufacturing industries, this study presents a model with heterogeneous firms in the context of...

In this report, the role and importance of export-producing industries in Minnesota are discussed. Major emphasis is on agricultural-related industries and their economic importance to the State in value of gross output and contribution to gross state product.

In the current WTO negotiations, the developing and the developed countries take opposite view regarding the criteria for green box subsidies supposed to be decoupled from current production levels and prices. This study investigates whether U.S. PFC and direct payment subsidies are truly...