This study provides a new framework of analysis of the market and welfare effects of mandatory country of origin labeling (MCOOL) for fruits and vegetables that accounts for heterogeneous consumer preferences for domestic products, differences in producer agronomic characteristics, and retailer...

This paper analyzes the market and welfare effects of the introduction of GM products in small open developing economies that, prior to the adoption of GM crops, were net exporters of non-GM products. It explicitly accounts for differences in consumer attitudes towards GM products and producer...

Cotton is among the most internationally traded agricultural commodities. As a result, cotton prices are often described in terms of a world price. This world price, called the A Index, has been published by the trade group Cotlook since the mid-1960’s and is generally accepted as...

In this paper we revisit the issue on the impact of public R&D expenditure on US agricultural productivity growth. We estimate a dual cost function using a state-by-year panel data set. We construct the potential R&D “spillins” based on both geographical location and production mix. We also...

The present study provides a quantitative assessment of the benefits from public agricultural research and development (R&D) for each continental state of the U.S. for 1949-1991, explicitly acknowledging for spillover effects. The novelty of this study resides in the use of spatial econometric...

A common question when analyzing supply chains is how much a change in input costs at one stage in the supply chain affect prices downstream. To address this question, research has been conducted that examines the extent that changes in prices are “passed-through.” Much of the pass-through...

The introduction of intellectual property rights (IPRs) is one of the most notable features of agricultural biotechnology. So are growing concerns about the widespread violation of IPRs in developing countries. This paper develops a model of heterogeneous producers to examine the economic causes...

This paper introduces enforcement costs and farmer misrepresentation into the economic analysis of decoupled area payments. When enforcement is costly, complete deterrence of cheating is never optimal from an economic perspective. Misrepresentation changes the welfare effects of the policy...

This paper develops a game-theoretic model of heterogeneous consumers to analyze the effect of cooperative involvement on quality-enhancing product innovation activity, the pricing of food products, and the welfare of the groups involved in the context of a mixed duopoly where an openmembership...