Related links: http://www.richmondfed.org/publications/research/region_focus/2011/q3/jargon_alert_weblinks.cfm

Related links: http://www.richmondfed.org/publications/research/region_focus/2011/q4/research_spotlight_weblinks.cfm

We develop a theoretical and empirical model to measure the benets and costs of policy options for controlling a seedborne, imported fungus, Verticillium dahliae, seriously aecting lettuce production in California. In 1995, the disease Verticillium wilt, caused by the fungus V. dahliae,...

This paper analyses the effects of the expiration of the volumetric ethanol subsidy and the implementation of the renewable fuels standard (RFS) on the U.S. fuel ethanol industry. Analyses that ignore the dynamic implications of these policies, including their effects on incumbent ethanol...

This paper uses spatial econometrics to analyze air pollution externalities. State-by-state source-receptor transfer coefficients that can be used as a basis for a location-differentiated permit system are estimated. Results affirm the importance of regional transport in determin-ing local ozone...

When individual petroleum-producing firms make their exploration and development investment timing decisions, positive information externalities and negative extraction externalities may lead them to interact strategically with their neighbors. This paper examines whether these inefficient...

When individual petroleum-producing firms make their exploration decisions, information externalities and extraction externalities may lead them to interact strategically with their neighbors. If they do occur, strategic interactions in exploration would lead to a loss in both firm profit and...