The emergence of E-commerce in the 1990s heralded the arrival of the New Economy. However, the failure of numerous dotcoms since early 2001 has led to a debate regarding the future direction of E-commerce and its potential relevance for agribusiness. This study examines the economic implications...

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 introduction of mandatory country of origin labeling in the agricultural sector promises to yield consumer benefits by providing additional information to consumers. However, these benefits will be partially offset by the cost of labeling paid by producers. This study derives the labeling...

Why do governments engage in WTO disputes? What can countries expect to gain from international legal trade battles? This article examines the costs and benefits of the Philippine-Australian dispute regarding Australia's quarantine policy on Philippine fresh fruits and vegetables, a case also of...

This document is the technical annex to the full paper "Costs and Benefits of a WTO Dispute: Philippine Bananas and the Australian Market" which is available separately.

This paper discusses the interface between the U.S. agricultural policy and the economic gains from exports. The theory shows that the net gains from trade after government subsidies are accounted for can be small or nonexistent. Some empirical evidence is discussed to support this claim. Policy...

A beef import model is specified and estimated using disequilibrium econometrics. The statistical significance of the model suggests that disequilibrium has historically existed in the US beef import market. Surplus analysis based on the disequilibrium framework indicates that a welfare loss has...