Using a multimarket model of U.S. sweeteners, the authors revisit the cost of the U.S. sugar program by analyzing the welfare implications of its removal. Their approach addresses the industrial organization of food industries that use sweeteners and treats the United States as a large importer....

This paper uses a modified policy analysis matrix (PAM) approach to assess the efficiency of cotton production in five major producing states in India. The results indicate that cotton is not efficiently produced in the second-largest cotton-producing state in the country. Without government...

The Law of One Price (LOP) is an important component of most, if not all, international trade models because this assumption allows researchers to use a single representative price for all regions. This paper examines the long-run LOP for international commodity prices using a generalized notion...

This manual describes the worksheet version of the Food Aid and Food Security Analysis System (FAFSAS) for Honduras. It details the step-by-step procedure of using the analytical system for policy analysis and includes a conceptual framework and model that combine FAPRI data with...

The international wheat market has received much attention from researchers because of the perception that noncompetitive elements exist in the market. This study examines price dynamics among the United States, Canada, Australia, the European Union, and Argentina using a cointegration and error...

U.S. wheat producers contend that Canadian production subsidies and implicit export subsidies have undermined the U.S. price support program. The authors examine this contention and assess the relationships between U.S. and Canadian wheat prices using a cointegration and error approach. The...

Projections indicate that by the middle of the next century the population of India will exceed that of China, and the country's rate of food consumption will increase. By contrast, Indian agricultural production has slowed significantly in the 1990s. Because the growth rates of consumption and...

In North America and Europe, wheat is a very important commodity that has been at the heart of trade disputes and policy conflicts. This study uses a dynamic Almost Ideal Demand System (AIDS) to estimate demand elasticities for wheat differentiated by classes, for the United States and the...

The FAPRI modeling system used for the analysis provides information about the impact of the European Union's (EU) proposed "Agenda 2000" Common Agricultural Policy (CAP) reforms on U.S. crops and livestock sectors, international trade balance, world prices, and on commodity supply and use in...

How can economists estimate consumption parameters by income classes? The approach used in this paper combines price elasticities estimated from aggregated market data and income-class-specific elasticities derived from household expenditure surveys using Slutsky relationships to calculate...