The public policy debate on the appropriate American response to climate change is now in full swing. There are no longer significant voices disputing that climate change is real or that it is primarily the result of human activity. The issue today is what the United States should do about...

The organic sector has expanded rapidly over the last decade, as retail sales of organic food increased to $15.7 billion in 2006. As sales have grown, so have the number and types of outlets selling organic products. USDA's Economic Research Service surveyed certified organic intermediaries in...

U.S. livestock production has shifted to much larger and more specialized farms, and the various stages of input provision, farm production, and processing are now much more tightly coordinated through formal contracts and shared ownership of assets. Important financial advantages have driven...

Panel data analysis for the U.S. states indicates that the speed of broadband diffusion is clearly driven by inter-platform competition while competition on the platform has an ambiguous if not negative impact. The diffusion speed diminishes with the number of firms and the size of the firms....

Recently, a storm of activity has swirled around rules governing the tax treatment of Canada-US crossborder investment. The high degree of integration of the Canadian and US economies means that the economic effects of such tax changes can be significant. This paper reviews and evaluates a...

Second in a series of reports using data from the U.S. Census Bureau's Business Dynamics Statistics. Newly released data from the U.S. Census Bureau, the Business Dynamics Statistics (BDS), permit unprecedented tracking of business dynamics for U.S. firms and establishments. This is one of...

Entrants are often viewed as suffering from a “liability of newness” – at founding they rarely possess the knowledge and capabilities necessary to compete and survive. They can overcome such liabilities by learning vicariously from the knowledge of incumbent firms. But how do entrants...

This Policy Comment examines the effect that federal government disaster relief payments have on local corruption. Using econometric analysis Leeson and Sobel explain how federal disaster aid acts as a resource windfall and why states that have more natural disasters see higher levels of public...

This paper examines cross-border mergers and acquisitions undertaken by U.S. companies to determine whether geographic distance directly affects these firms’ governance decisions. We find that U.S. firms tend to acquire higher stakes in geographically proximate targets than in remote ones. The...

As the American industry experiences offshoring of more and more jobs in different industries, consideration must be given to the effects on knowledge transfer and the implications they bring on the organization. This note examines the relationship between geographical co-location of...