This analysis uses a residual demand elasticity model to measure market power in the international cotton market. The results indicate that China exerts significant market power and affects cotton prices. Those results, combined with a partial equilibrium model of the international cotton...

We theoretically examine a farmer’s coverage demand with area and individual insurance plans as either separate or integrated options. The individual and area losses are assumed to be imperfectly and positively correlated. With actuarially fair rates, the farmer will fully insure with the...

This 2011 report provides an economic overview of the Canadian agriculture and agri-food system. It is meant to be a multi-purpose reference document to provide: an introduction to the agriculture and agri-food system; a snapshot of structural changes that are occurring throughout the system in...

For European operators of biofuels plants there are not many hedge vehicles available to hedge operational margins. Cross hedges for rapeoil (with the rapeseed futures contract) and RME (with the NYMEX diesel futures contract) could be useful instruments. We use recent developments on threshold...

Regardless of the definition of the informal sector, there is wide spread consensus that the sector is important to the developing world. The International Lab-our Organization estimated that in 1990, 21 percent of the Sub-Saharan Africa's 227 million labour force was working in the informal...

The paper examines the interrelationships between public spending composition and Uganda's development goals including economic growth and poverty reduction. We utilize a dynamic CGE model to study these interrelationships. This paper demonstrates that public spending composition does indeed...