This paper compares domestic dairy policies In both the United States (US) and the European Community (EC) and examines the Impact of these policies on each respective dairy Industry in order to explore domestic policy Interdependence. The EC and the US have Similar goals of improving farm...

This paper evaluates the performance of a rural credit market in Peru. We develop a model that shows that collateral requirements imposed by lenders in response to asymmetric information can lead not just to quantity rationing but also to transaction cost rationing and risk rationing. Just like...

Most economic research on migration impacts in source economies focuses on the households that send migrants and receive remittances, ignoring linkages that transmit migration’s influences to others in local and regional economies. This paper offers an alternative, disaggregated economy wide...

The supply of immigrant workers from Mexico is critical to both agricultural and non-agricultural sectors in the United States. Approximately one half of all Mexican immigrants are females who typically are employed in positions that have minimal legal status requirements, e.g., domestic...

Evidence is presented in support of the “brain gain” view that the likelihood of migrating to a destination wherein the returns to human capital (schooling) are high creates incentives to acquire human capital in migrant-sending areas. In Mexico, even though internal migrants are more...

This paper uses limited-dependent variable methods and new data from Burkina Faso to test the impact of inter-continental and continental migration on activity choice and incomes in rural households. Econometric evidence supports our theoretical expectation that the impact of emigration varies...

Shadow prices guide farmers' resource allocations, but for subsistence farmers growing traditional crops, shadow prices may bear little relationship with market prices. We econometrically estimate shadow prices of maize using data from a nationally representative survey of rural households in...

The overall objectives of our proposed paper is to: (a) systematically document the post-reform trends in agricultural performance in Asia, Europe, and the Former Soviet Union; (b) identify the main reform strategies and institutional innovations that have contributed to the successes and...