This study analyses the impact on the US cotton industry of removal of the Multi-Fibre Arrangement (MFA) using a multimarket displacement equilibrium model. The model captures the basic linkages of textile products and cotton markets in the USA and in non-US markets. Different textile trade...

This study investigates the relationship between indicators of macroeconomic performance and real exchange rate (RER) misalignment and instability in Sub-Saharan Africa (SSA). Three measures of RER misalignment are used. There is ample evidence that countries which have pursued more predictable...

This paper extends the basic results of Houck’s insight for derived demand elasticitiesfor the case of joint products by allowing for the possibility of the joint and rawproducts being traded. Theoretical relationships between individual demands for aset of jointly-produced commodities that...

This paper extends the basic results of Houck’s insight for derived demand elasticities for the case of joint products by allowing for the possibility of the joint and raw products being traded. Theoretical relationships between individual demands for a set of jointly-produced commodities that...

This study evaluates the attitudes of U.S. (Kansas) farmers regarding "free-trade" and "free-market" policy environments. In contrast to earlier studies, non-specific policy attitudes are evaluated. A direct measure of farm program benefits is also included. Attitudes vary significantly with...

The impact of violent conflict on the state of the economy has been studied extensively since the two recent decades. In most studies the state of the economy is operationalized by stock market indices of the respective countries. In this paper we suggest investigating the impact of violent...

In light of the wheat wet milling industry's development in the E. C. and of the prominent role U.S imports play in the international market for wheat gluten, this paper discusses the international market for wheat gluten, an important component of processed grain products. An econometric...