Rapid growth in Asia’s emerging economies has boosted export earnings of resource-rich economies over the past decade. Will those high growth rates continue, and how will structural changes in Asia alter the relative importance of their imports of primary products? This paper projects...

In an ever-more-competitive global market, vignerons compete for the attention of consumers by trying to differentiate their product while also responding to technological advances, climate changes and evolving demand patterns. In doing so, they increasingly highlight their regional and varietal...

Cities have been investing heavily in recent years to augment their water supply, focusing on either stormwater harvesting or desalination. A more optimal strategy is to consider all sources of water jointly, thereby allowing for hedging of supply risks. A portfolio model of urban water supply...

Oil and gas have been produced on the Norwegian continental shelf since 1971. Exploration rates, extraction rates, employment, expertise levels, exports of oil and gas have all increased many fold during 1971-­‐2013. The State has several roles in the Norwegian petroleum sector including...

A two-country, three-good general equilibrium model is developed to examine the welfare and environmental effects for countries (North and South) of demand subsidies (a feed-in tariff) to renewable energy equipment, as well as tariffs on renewable energy equipment imports. Both North and South...

This paper develops a theoretical model to examine the relationship between the input elasticity of (technical) substitution and both farm total factor productivity and size. In the presence of ongoing technical change and its factor bias, the ‘income effect’ arising from farms’ cost...

Since the 1990s, Vietnam has made the transformation from being a net rice importer to becoming one of the world’s largest exporters of rice. In fact, Vietnamese farmers have been highly successful at increasing food production since the reformation (Doi moi) in 1986 so that by 2010, rice...

Contingent valuation methods (CVM) are integral in valuating non-market environmental issues. Numerous mechanisms have been proposed and analysed, as well as numerous studies on willingness to pay (WTP) and willingness to accept (WTA) discrepancies. Despite the concentrated and persistent focus...