Replaced with revised version of paper 08/31/06.

The important contribution of hospitals to the economies of rural areas has been the subject of several research studies. The results, however, have been contradictory. This paper analyzes the economic impact of rural hospital closures on rural communities in Georgia, Tennessee, and Texas in the...

This paper presents some evidence of a positive effect of Agriculture R&D investment on economic growth in general dynamic setting using annual data for 57 developing countries for the period 1981-2010. The potential endogeneity of Research and Development Investment is also addressed to...

We examine the dynamic inter-dependencies between soybean and majors cereal prices. The importance of this analysis is justified by the high volatility in grain prices and the need to understand how shocks are diffused across markets. We use monthly prices on the international markets of the...

International pork trade has not only been influenced by trade agreements but also altered by consumer perceptions on disease-infected animals. This study uses a gravity model with fixed-effects to investigate how pork trade is affected by foot-and-mouth disease among 186 countries. Results...

Coffee and cocoa are two agricultural commodities produced mainly in developing countries and exported almost entirely to high income industrialized countries. The international market for these products is marked by high price instability. This paper investigates whether monetary policy...