A finite mixture model is used to estimate farm-retail price transmission in the US fresh strawberry market. Results suggest two distinct pricing regimes associated with off- and peak-harvesting seasons. The market power parameter is significant in the peak-harvest regime, but not in the...

Using a general equilibrium framework, the paper derives trade policy endogenously for a small country. It shows that, contrary to the existing literature, a lobbying industry is not guaranteed trade protection; it may even face trade taxes. Besides lobbying, trade policy depends on other...

We analyse differences in input and output intensities across three comparative tenure regimes in Nepal, using two test methods: an F-test based on Hotelling's T2 statistic, and a test which adapts Shaban's (1987) methodology to include plot size and crop type. Our results reveal statistically...

This article analyses historical movements in the commodity futures market and its relationship to inflation. Specifically, the relationship between the Commodity Research Bureau (CRB) index and US inflation is investigated. The results show that the CRB index continues to be an effective early...