Large estimates of the benefits of microeconomic reform have been put forward in official studies. By contrast, Quiggin (1997) concludes that benefits of microeconomic reforms have been modest. A key area of disagreement relates to the claim that increased competition leads to increases in...

Between 1974 and 1983, intertemporal cost efficiency for u.s. field crops increased about 1.4 to 1.2% percent for corn, soybeans, and wheat and .2% per year for cotton. competitive advantage in 1983 was held by central Illinois and north central Iowa in corn, central Illinois in soybeans, the...