This study provides a new framework of analysis of the market and welfare effects of mandatorycountry of origin labeling (MCOOL) for fruits and vegetables that accounts for heterogeneousconsumer preferences for domestic products, differences in producer agronomic characteristics,and retailer...

This study used personal and telephone interviews of wine industry executives and observers to examine the foreign direct investment motivations of U.S. wineries. Underlying most winery motivations was the recognition that U.S. wineries sense increasing pressure to offer a competitive range of...

This study provides a new framework of analysis of the market and welfare effects of mandatory country of origin labeling (MCOOL) for fruits and vegetables that accounts for heterogeneous consumer preferences for domestic products, differences in producer agronomic characteristics, and retailer...

Error correction models impose few prior restrictions on dynamic model specification and allow the data to determine model structure. Despite this obvious advantage, few applications have adopted the error correction model to explain trade flows. An error correction model of cotton import demand...

This paper investigates the determinants of foreign direct investment (FDI) and its relationship to trade in the U.S. food processing industry. A representative multinational corporation maximizes profits by choosing between production in the home country, which is exported, and production in a...

Latin American countries are important customers in international agricultural trade. However, between 1981 and 1987, U.S. agricultural exports to these countries declined by almost 50%. One explanation for the above decrease is the change in financial conditions facing many countries in this...