The Regional Greenhouse Gas Initiative is an effort by nine states to constrain carbon dioxide emissions from the electric power sector using a cap-and-trade program. This paper assesses the importance of long-term electricity contracts under the program. We find that 12.2% of generation will be...

In processing industries, plant location decisions are costly and have consequences for firm profitability. When raw materials are heavy or perishable, transportation costs limit shipping distances and processors must compete locally for raw material inputs. To determine the likely profitability...

Conventional wisdom holds that a small and decreasing number of hog slaughter firms are using their "market power" to take advantage of U.S. hog producers. Existing studies have simply calculated industry concentration ratios and assumed/asserted that the performance of such a concentrated...

This paper uses data from a survey of two hundred and fifty cattle households in three cattle keeping systems; intensive, semi-intensive and extensive systems to estimate the value of non-market, socio-economic benefits of cattle in Kenya. These benefits of cattle keeping are of special...

Identifying ways to increase market participation by smallholder producers requires identifying variables that influence market access. This is usually achieved using probit estimation. An important phenomenon affecting entry decision-making is the entry decision of a 'similar' household, where...

In this paper, performance of a sample of 131 livestock traders in 38 rural Ethiopian highland markets was analysed in terms of their costs and margins, how these were influenced by their assets and trading practices, and the implications of the findings for policy were outlined. The paper is...

A time series model is estimated to identify the interrelation among prices on the international and the EU domestic market for butter. Although the findings were not derived from a causal model, the inspection of the data provides economically reasonable and important insights in structural...

Savannas cover the greater part of Africa and Australia and almost half of South America and contribute to the livelihoods of more than 350 million people. With the intensification of land use during the second half of the 20th century, savannas have become increasingly degraded through bush...

Detailed weekly sales transactions data for the period January 2000-June 2001 from three frontier markets in the central corridor of West Africa were analyzed to identify the factors influencing short-run, intra-year cattle prices. The empirical results indicate that in addition to market...

Tree clearing is widely practised in Queensland to develop exotic pastures to enhance pasture production and hence the financial gains. One of the major woodland community i.e. brigalow (Acacia harpop hylla) was targeted for clearing in the early 1950s due to its fertile soils. Recently, some...