The economic benefits from improving health status are obvious, yet there remains a lack of agreement on how to quantify and compare the benefits and the accompanied costs. In our study, we extend Liu et al. (2008)’s study on the role of health status on income in China and examine whether...

There has been a long debate in the theoretical and empirical economic circles on how host country's exports respond to inward foreign direct investment (FDI). This paper examines whether FDI stimulates export performance of the recipient countries using the case of China. It contributes to the...

In recent decades, the potential contribution of agriculture to economic growth has been a subject of much controversy among development economists. While some contend that agricultural development is a precondition to industrialization, others strongly disagree and argue for a different path....

This paper examines the dynamic relationship between monetary policy variables and agricultural prices using alternative VAR-type model specifications. Time series techniques as currently specified in most studies raises issues of misspecification and inferential adequacy because observational...

Very little research exists on the potential impact of exchange rate volatility on agricultural trade. This paper evaluates the effects of exchange rate volatility on U.S. poultry exports using the gravity model on panel data. We find that exchange rate volatility has a negative effect on the...

Very little research exists on the potential impact of political and institutional instability on agricultural trade. This paper evaluates the effects of political instability on U.S. agricultural exports. Relative to effects of potential instability measures, we found that the economic...

Global economic growth has led to an increase of FDI activity in the agro-food sector, which together with the increased FDI in the manufacturing sector, has generated increased FDI activity in food processing. This paper fills a gap in the literature on the role of FDI by extending the recent...

Most of the previous studies on the effect of IPR protection on international trade have been from the perspective of major industrialized nations. However, much of the current debate on the effects of IPR protection involves large developing countries with high threat of imitation. This study...

This paper investigates causation contemporaneously and over time to elucidate the persistent lack of agreement about what "causes" changes in farmland prices. Using recently developed causal modeling framework of directed acyclic graphs (DAGs) and cointegrated (VAR) techniques, the assumed...