The role of foreign direct investment as a complement or substitute to foreign trade continues to be debated in regard to the food processing industry. This study extends earlier work to demonstrate that FDI and trade depend on the stage and the similarities of the economic development of the...

This paper analyzes the determinants of foreign direct investments by the U.S. food processing industry in developed and developing countries. We find that market size, per capita income, openness of the economy, inflation rate, and exchange rate significantly affect U.S. food processing firms'...

Growth of U.S. agriculture is dependent on increases in productivity, three-fourths of which is accounted for by public investment in agricultural research and development (R&D) and infrastructure, according to this research. Productivity growth in U.S. agriculture benefits consumers by putting...

Food prices across the world rose dramatically between 2006 and 2008. The causes of the price rise were complex, and the event has led to heightened concerns regarding the implications of rising food prices on the prevalence of food insecurity and household welfare, particularly in developing...

Cross-price elasticities are updated in this report, using the World Bank’s 2005 International Comparison Program (ICP) data for 9 major consumption categories across 144 countries. The 2005 ICP offers the most recent consistent data set for such a large number of countries. The consumption...

Household access to food over time in Tanzania is measured by comparing the cost of representative food baskets to household income. Consumption patterns, estimated using household data from the 2010/11 National Panel Survey conducted by Tanzania’s National Bureau of Statistics (NBS), show...