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General equilibrium and open economy trade theory are used along with time series data on the U.S. agricultural sector to provide insights into the structure of agricultural supply, factor returns and linkages to the rest of the economy. Output expansion and factor returns are found to vary...
Persistent link: https://www.econbiz.de/10011069453
Persistent link: https://www.econbiz.de/10005068524
This paper discusses some of the reasons why the Internet might have a positive effect on the international trade in agricultural and horticultural commodities between the United States and its partners. It provides some simple econometric tests which differentiate the export and import effects...
Persistent link: https://www.econbiz.de/10005327349
This paper focuses on the private and social rates of return to R&D capital in the three vertically linked sectors, primary agriculture, food processing, and farm machinery and equipment. Evidence supporting a divergence between these rates is found for primary agriculture and food processing....
Persistent link: https://www.econbiz.de/10005330654