Replaced with revised version of paper 10/20/10.

Replaced with revised version of paper 07/28/11. Former title: Indirect Effects of Microfinance: A Field Experiment on Formal Savings Expansion and Informal Safety Nets of the Ultra-Poor

Replaced with revised version of paper 07/29/11.

We investigate the effects of previous fertilizer subsidy program on local grain prices in Nigeria. The program has been considered ineffective in targeting and stimulating demand for fertilizer, with potentially rampant leakages. If the program has reduced food price, however, it can still be...

As the base price, grain prices have played considerably important role in China’s macro-economy and social price level. In this study we investigate the fluctuation characteristics of some main crops of China’s grain during the past two decades by using Structural Break Regime Switching...

An important ongoing debate in the literature is whether or not the relationship between food price per kilocalorie and energy density is real or spurious. No closure has come on this debate because no formal statistical tests have been performed. Rather, the arguments against a real...

Rich empirical literature has investigated the price transmission among spatially separated and vertically linked markets. In this study, we fill a gap in the price transmission literature by investigating extreme dependence that allows varying general dependence structure between extreme and...

This study proposes to use a structural VAR model, using annual percentage change series on U.S. gasoline prices, agricultural productivity, real GDP, agricultural exports, and agricultural commodity prices, to assess the impact of energy shocks on U.S. agricultural productivity growth and food...