This report presents preliminary results of impacts on factors of production in the United States, following reductions in assistance to agriculture. Analysis was conducted by modifying the production structure of the U.S. country model in SWOPSIM to explicitly include inputs employed by...

Commodity price volatility in international markets has been used to justify numerous policy interventions, including the need for buffer stocks and counter-cyclical payments. The common measure of volatility, the standard deviation or coefficient of variation, likely overstates the actual...

This paper focuses on estimating the effects of the real FDI-weighted exchange rate on realU.S. foreign direct investment (FDI) in the global processed food industry. We use a straightforwardproduction possibility framework as our theoretical basis to demonstrate the shift ofproduction between...