The introduction of cross-compliancemechanism in the European Union with its 2003 CAP-reformmight affect the costs of production and thuscompetitiveness of the EU. Little evidence is available toasses the costs of compliance with regulations and it implicationfor trade. In this study a farm...

This study explains the results of trade reforms for a scenario where reduced tariffs for all imported commodities under the Uruguay Round (UR) since 1995. The Computable General Equilibrium (CGE) analysis and input-output data for Iran using a base year, 1991, were applied simulating the short...

The aim of this paper is to examine the effects of nutritional policies on the behavior of firms, particularly in terms of food quality and prices, and to assess the potential impacts of such policies from a public health point of view. We determine how new products that are nutritionally...

There is a strong linkage between the behavior of the rice market and the state of food security inmany regions around the world, particularly in Asia, as made evident in the 2007-08 commoditycrisis. Rice is a staple for the majority of the population in Asia, where roughly 60% of the close...

Prepared for the COMESA policy seminar on“Variation in staple food prices: Causes, consequence, and policy options”,Maputo, Mozambique, 25-26 January 2010under the Comesa-MSU-IFPRI African Agricultural Marketing Project (AAMP)

Paper to be presented at the Comesa policy seminar“Food price variability: Causes, consequences, and policy options"on 25-26 January 2010 in Maputo, Mozambiqueunder the Comesa-MSU-IFPRI African Agricultural Markets Project (AAMP)

The Special Safeguard Mechanism (SSM) was a key issue in the July 2008 failure to reach agreement in the WTO negotiations under the Doha Development Agenda. It includes both price (P-SSM) and quantity-triggered measures (Q-SSM). This paper uses a stochastic simulation model of the world wheat...

Existe una preocupación creciente por el aumento de la inseguridad alimentaria a escala global. Sin embargo, sus implicaciones económicas son poco conocidas. El presente artículo utiliza un modelo estructural de gravedad para cuantificar el efecto de las crisis alimentarias sobre los flujos...

General financial models have become workhorse models in the fields of macroeconomics and finance. These models have been developed and extensively studied by general equilibrium theorists. What makes them so applicable for macroeconomics and finance is the well accepted fact that models with a...

We quantify the effect of financial leverage on stock return volatility in a dynamic general equilibrium economy with debt and equity claims. The effect of financial leverage is studied both at a market and a firm level where the firm is exposed to both idiosyncratic and market risk. In a...