The United States engagement in nonreciprocal preferential trade arrangements has been proliferating with several developing countries throughout the past couple of decades. One of the oldest and more successful of these arrangements has been the Caribbean Basin Initiative (CBI).The CBI is a...

In this paper, we estimate the time-varying betas or input elasticities and returns to scale in a stochastic frontier cumulative rolling regression analysis framework using FAO data of Southeast Asian countries from 1960-2002. Empirical results indicated returns to scale are overestimated by...