A time series model is estimated to identify the interrelation among prices on the international and the EU domestic market for butter. Although the findings were not derived from a causal model, the inspection of the data provides economically reasonable and important insights in structural...

In this paper, we use the experience of Kenya's failing Coffee Cooperatives to show that, under certain circumstances, membership based organizations can give rise to perverse incentives that undermine the benefits of organizing and lead to a reduction in member productivity and welfare. We...