This paper models consumer food choices with respect to different margarine and spread brands that include a new healthy brand. The results show that the older and smaller size households with higher income and higher education are more likely to purchase the healthy brand. An Almost Ideal...

A theoretically consistent incomplete demand system is estimated to quantify the cost of the 1997 microeconomic crisis. Welfare cost per person was $128, which translates to $26.12 billion total cost. This amount is equivalent to agriculture's GDP contribution, and sufficient to pay for...

The price-wedge method yields a tariff-equivalent estimate of technical barriers to trade (TBT). An extension of this method accounts for imperfect substitution between domestic and imported goods and incorporates recent findings on trade costs. We explore the sensitivity of this revamped tariff...