Proposals for marginal cost water pricing have often been found to be politically infeasible because current users will have to pay a higher price even though future users will be better off. We show how efficiency pricing can be rendered Pareto-improving, and thus politically feasible, by...

This paper explores the issue of market access where some developing countries export high-value processed goods and others export raw commodities. The results show that market access issues for goods entering at different stages of the marketing chain should take into consideration the...

Discrepancies in the attitude between US and UK consumers toward application of biotechnology in crop production and medicine were examined using data from mail and online surveys. Results showed that more than 31% (46%) of US (UK) respondents were opposed to biotech foods while only 16% (18%)...

Methyl Bromide in the United States is supplied by only four firms (two producers and two importers) who reap windfall profits from MB restrictions. Since 1992 we estimate that over $300 million in cumulative windfall profits have resulted from restrictions on Methyl Bromide and currently run...

We divide countries into two technology categories: developed and developing. Agricultural efficiency within each technology category was calculated. Cross-category efficiency measures were developed and combined with own-category measures to develop a technical difference index. Results...

In OLS and 2SLS regression analysis a positive relationship exists between small business and economic growth. A strong inverse relationship also exists between the incidence of poverty and small business and economic growth. Thus, the empirical result establishes the linkage between small...

In comparing second-best prices and quantities, studies assume that quantities bind with probability one. We present a more general and realistic model of second-best regulation where quantity instruments can bind with probability less than one. This additional flexibility of quantity...

This paper provides an assessment of the protein content of U.S. trade in dairy products and their potential impact on U.S. milk prices. The protein in imports of MPC, Casein & Albumins accounted for 5-6 percent of protein in total U.S. consumption during the period 1997-2002.

This research shows that the existing literature on milk marketing orders misses an important effect. Previous work ignores the interaction of marketing orders with milk grading regulation. We model this interaction and show that producer benefits from marketing orders have been smaller than...