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There has been an increase in food price instability in recent years, with varied consequences for farmers, market participants, and consumers. Before policy makers can design schemes to reduce food price uncertainty or ameliorate its effects, they must first understand the factors that have...
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This paper examines empirically two distinguishing aspects of the world's wine regions: their degree of specialization …, that together account for all but one-eighth of the world's winegrapes, are included in the analysis. The data refer to … production of different varieties around the world …
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