This is the first paper to analyze the impact of biofuels on the price transmission along the food chain. We analyze the U.S. corn sector and its vertical links with food and ethanol (energy) markets. We find that biofuels affect the price transmission elasticity in the food chain compared to a...

This is the first paper to analyze the impact of biofuels on the price transmission along the food chain. We analyze the U.S. corn sector and its vertical links with food and ethanol (energy) markets. We find that biofuels affect the price transmission elasticity in the food chain compared to a...

After the development of Atlantic trade in the nineteenth century, the United States of America (US) became economically important place, attracting to a labour flow from neighbouring countries and other continents. Meanwhile, serious economic and political shocks were experienced by the Ottoman...

This paper examines the degree of market integration, as observed by measuring volatility spillovers, in selected wholesale electricity spot markets from United States. We choose markets located at interconnected and non-interconnected areas. We use a Multivariate GARCH framework, which allows...

Though the last forty years of data showed that the U.S. chicken export growth was still positive, but it has slowed in more recent years. Other countries such as Brazil, the U.S. main competitor in the global chicken trade was able to expand its market shares in recent years. Simulation results...

Considerable public resources are devoted to the establishment and operation of business incubators (BIs), which are seen as catalysts for the promotion of entrepreneurship, innovation activities and regional development. Despite the vast amount of research that has focused on the outcomes or...

This paper examines the effect of demand on productivity. We exploit the Energy Policy Act of 2005 as a natural experiment which generated plausibly exogenous variation in the capacity of ethanol plants to establish the causal effect of demand on productivity within the corn sector. Using...

This paper returns to the discussion of how income inequality affects economic growth. The main argument is that economic freedom is likely to affect the association although the relations are theoretically ambiguous. In a panel of 300 observations from five-year periods across the 50 US states,...

This study updates existing literature on consumer/household demand for fiber by examining household purchase dynamics for dietary fiber. It uses a dynamic Tobit model that allows past purchase occasions to affect current purchase decisions for fiber in a framework that captures simultaneously...

In the midst of concerns about U.S. energy security and climate change, a wider use of biomass and biofuels is promoted as one of the recipes for sustainability. The production and use of biofuels in the United States has rapidly increased in the last several years, promoted by a variety of...