The lack of transparency in the pricing and operational activities of state trading enterprises (STEs) has caused members of the World Trade Organization to express concern that certain countries' STEs might circumvent Uruguay Round commitments on export subsidies, domestic support, or market...

Equipment represents one of the largest input expenditures for the construction sector and other firms. Yet, prices of used construction equipment have not been widely studied in the economic literature. A spatial hedonic price function is specified and estimated for used excavators sold by...

We propose a Generalized Quadratic Utility (GQU) model for an incomplete demand system with binding non-negativity constraints which is flexible in income and price effects. The model accounts for zero consumption using choke prices identified by Kuhn-Tucker conditions. The GQU demand system can...

Protective covers, such as high tunnels, are being used by specialty crop producers to enhance production quality and yields, expand or growing seasons, and protect crops from some extreme elements. While growing in popularity, one barrier to larger utilization includes the uncertainty regarding...

Policy changes and the evolution of green technology have induced new links among markets. In this research, we study a representative market system, the U.S. crude oil, corn and plastics markets affected by policies promoting corn-based energy and corn-based bioplastics production. The vector...