Vietnam grew from an insignificant to the world’s second largest coffee producer during the 1990s. To understand this growth, this paper examines Vietnamese coffee growers’ investment decisions using real options theory. The study finds that producers, with variable costs of 19 cents/lb and...

This paper attempts to measure the impact of government intervention in product and factor markets on chickpea competitiveness in India. This is done by estimating the nominal (NPC), effective (EPC) and effective subsidy (ESC) protection coefficients for chickpea and its main competing crops...

Acreage functions for wheat, incorporating variables that reflect the value of voluntary acreage diversion programs to producers, are estimated fro 1962-76. The elasticities of response to such programs are generally low in comparison to those for market price, indicating that the reduction of...