The debate about Country-of-Origin labeling (COOL) has centered on the projected benefits and costs of its implementation. This study uses data from a Vickery auction (n=320) to estimate willingness to pay for COOL. Preliminary findings suggest, on average, consumers value COOL, are not...

The trend towards globalization has led an increase in the U.S. Food trade. Threats of bio-terrorism and safety of the agriculture production system have become larger concerns to U.S consumers and policy makers. This paper analyzes how agriculture imports have changed in the past years; and how...

The issue of legalization for unauthorized farm workers is examined in this paper. The analytical framework uses a treatment effects approach which casts legalization as a treatment under the assumption of heterogeneity. The results show an overall positive impact of legalization on farm worker...

We introduce a model to explain the economic rationale for the observed policy combination of a developing country (hosting foreign direct investment (FDI) through education investment (EDI)) and the interest of a multinational corporation (MNC) in the local labor quality when it contemplates...

Sugar is a major commodity, produced and traded around the world, but it is no longer the only sweetener. For example, in the United States, roughly 50 percent of the sweetener market is made up of high fructose corn syrup (HFCS), which is also making inroads into Mexico. This is not the case,...

The paper advances the view that if global markets "worked" as theory suggests, then the answer to the question posed would be in the affirmative. Six reasons are given why this does not occur, namely: (1) the prevalence of trade manipulation; (2) the nature of markets in poor countries; (3)...

This paper investigates the determinants of intra-CARICOM bilateral trade and the CARICOM member's trade with the North American and European countries using the gravity model. Seventeen annual cross-sections are estimated for the period 1980 through 1996. Overall, the empirical results indicate...