The Law of One Price (LOP) is an important component of most, if not all, international trade models because this assumption allows researchers to use a single representative price for all regions. This paper examines the long-run LOP for international commodity prices using a generalized notion...

The Baltic Republics have undertaken extensive price reforms for food and agricultural products. Higher producer and consumer prices, accompanied by wage increases and income subsidies to offset higher prices, are expected to improve market efficiency. The goal is to move toward private...

This manual describes the worksheet version of the Food Aid and Food Security Analysis System (FAFSAS) for Honduras. It details the step-by-step procedure of using the analytical system for policy analysis and includes a conceptual framework and model that combine FAPRI data with...

This paper reviews the price subsidy reforms in each of the Baltic States from 199 to 1992 and provides a comparison of the differing decisions and preliminary results. Although price levels and compensation mechanisms differ, the pattern in all three states is to let negotiations between...

This paper identifies the contributing factors that caused changes in U.S. agricultural export markets in the 1970s and 1980s and suggests key policy areas that must be addressed to improve these markets in the future. Historical analysis on the shifts in the U.S. export markets from 1970 to...

This paper analyzes three program alternatives for the 1995 Farm Bill. The alternatives--no program, marketing loan, and revenue assurance--represent ''corner'' scenarios because their program emphases are based on different sets of philosophies about current farm problems, the future of...

William H. Meyers comments on a paper by Belongia and Gilbert presented at the 1986 annual meetings of the Allied Social Science Association. Belongia and Gilbert analyzed the scope of farm income and debt problems in the Plains States and discussed the causes of those problems. Meyers accepts...

The Baltic Republics have undertaken extensive price reforms for food and agricultural products. Higher producer and consumer prices, accompanied by wage increases and income subsidies to offset higher prices, are expected to improve market efficiency. The goal is to move toward private...

The signing of the Food Security Act of 1985 (FSA 85), by President Reagan in December 1985 culminated a lengthy deliberation process involving food producing and consuming groups throughout the United States. During the debate, an analysis of a wide range of policy options for the 1985 Farm...

Experiences in transition economies have shown that the simultaneity of macroeconomic and sectoral reforms is important to the success of both. In Lithuania, macroeconomic, agrarian, and other sectoral reforms were implemented concurrently. Real wages and income have declined sharply, inflation...