The recent proliferation of regional trade agreements (RTAs) has intensified the debate on their merits. A growing literature has addressed this policy debate, focusing on the welfare and trade effects of RTAs and their likely impacts on the multilateral trading system. Some view them as...

In Kenya, trade policy reforms in the cereals sector were initiated as a key componentof the economy-wide structural adjustment programmes (SAPs) during the mid 1980s.The SAPs were later strengthened and made irreversible by Kenya’s commitments atthe multilateral trade negotiations. However,...

Prices guide economic agents’ resource allocation and output mix decisions. The extent of pricetransmission determines the nature of market integration. Volatility spill-over in spatially linkedagricultural markets has been investigated, but not across borders. We developed an E-GARCHmodel...

The agri-food trade between Mexico and the United States grew substantially after the implementation of NAFTA in 1994. While some analysts argue that NAFTA has contributed the most to the dramatic expansion of this trade, others have emphasized the role played by the exchange rate in this...

Since the early 1990s, researchers have routinely used count data models (such as the Poisson and negative binomial) to estimate the demand for recreational activities. Along with the success and popularity of count data models in recreational demand analysis during the last decade, a number of...

Since the early 1990s, researchers have routinely used count data models (such as the Poisson and negative binomial) to estimate the demand for recreational activities. Along with the success and popularity of count data models in recreational demand analysis during the last decade, a number of...

The objective of this paper is to provide quantitative information on the degree of regionalism in raw and processed agrifood trade and the trends in regional trading patterns between 1965 and 1994. The analysis shows that world agrifood trade is currently more regionalized than it was in the...