The economic development of South Korea is often held up as a model to be followed by many developing countries. We use 1975 and 1990 data in a general equilibrium framework with highly disaggregated agricultural sector specification to evaluate the opportunity cost of agricultural protection....

The impact of intermediate input price increases on food prices is analyzed assuming the producers can pass through increased production costs to final consumers. Five scenarios of input price increases are empirically examined. Findings indicate that the meat processing sector has a strong...

An input-output model is used to analyze price pass-through effects of a minimum wage increase on prices of the food and kindred products and food-service industries. These sectors employ a disproportionate share of minimum wage workers, but results suggest a $0.50 increase in the present...