An analytical model is developed to explain the increasing tendency of pork packers to produce their own hogs. Upstream integration is motivated by recent events including increasing hog buyer consolidation and a need for traceability, but is held in check since it lowers upstream managerial...

We utilize a global trade model to generate distributions of commodity and factor prices based on observed uncertainty in rice production. This is done for three trade policy regimes. We then assess their impact on domestic price variability and the likelihood of marginal households falling into...

Elevated prices for major U.S. commodities have renewed interest in the price sensitivity of foreign demand facing the United States. Although the elasticity of foreign demand plays an important role in discussions of U.S. farm policy, it is also a parameter that is much debated with the...

This study tests the null hypothesis that it is sufficient to interview only the household head to obtain accurate information on household income. Results show that using a husband’s estimate of his wife’s income does not produce statistically reliable results for poverty analysis....

Approximately 75% of all water used by humans goes towards food production, much of which is traded internationally. This study formally models how this works in the case of crop agriculture, making use of recent advances in international trade theory and new data on the productivity by which...

The FTC's "shared monopoly" case was the focus of U.S. antitrust activity during the late 1970s, but prosecution of the cereal industry was terminated in 1981. We estimate the degree of market power in the industry, and find an increase in multilateral power after 1981.

Quantifying how international trade affects poverty in developing countries is currently an area of intense research activity. This paper surveys the developments taking place, identifies four major methodological groupings, and summarizes preliminary findings from this literature. Methodologies...

This study uses a unique firm-level dataset to examine how falling trade costs from 1993-2001 affected entry, exit, productivity, and exporting in the Korean manufacturing sector. We verify many of the predictions of recent heterogeneous-firm models of international trade. For example, falling...