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This paper empirically investigates how information cost, as part of trade costs, affects the decision of an individual firm to export. We use cross section firm-level data to examine how the difficulty of obtaining information on technical regulations in the European Union (EU) and the United...
Persistent link: https://www.econbiz.de/10010913416
food environment, obesity, stochastic frontier
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Costs necessary to conform with rules and regulations governing market access (i.e. compliance costs) are uncertain prior to export or collection of information which is not cost free for an individual firm. In this paper, we extend the heterogeneous firm model of Melitz to analyze how an...
Persistent link: https://www.econbiz.de/10010594160
In this paper, we empirically assess how information cost, as one component of trade costs, impacts the decision of an individual firm to export. Firm-level data measuring the difficulty of obtaining information about technical regulations in the European Union (EU) and the United States is used...
Persistent link: https://www.econbiz.de/10009021034
The value of statistical life (VSL) is one of the most scrutinized and controversial parameters estimated by environmental economists (Cameron 2009, Viscusi 2010), largely due to the wide use of VSL estimates to value the mortality risk benefits of regulations that affect public health and...
Persistent link: https://www.econbiz.de/10011070055
This paper is a 2014 agricultural outlook covering multiple agricultural commodities and issues.
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Persistent link: https://www.econbiz.de/10010850571
This report examines optimum supply formula (OSF) in the tart cherry industry. The OSF is a tool for stabilizing market prices as authorized by a federal market order (FMO). The current OSF sets the optimum supply volume (OSV), or free sales of tart cherries in a given harvest year equal to the...
Persistent link: https://www.econbiz.de/10010878707