We model the effects of consumption-type taxes which differ according to the base andlocation of the tax. Our model incorporates a monopolist producing and selling in twocountries with three sources of rent, each in a different location: a fixed factor (locatedwith production), mobile managerial...

In the Former Soviet Union, the early 1990s were characterized by largefalls in GDP and small changes to already low unemployment. The slowadjustment to unemployment was a result of employers using variousmeans to maintain employment levels, including; extended periods ofunpaid leave, reduced...

Using firm-level data from nine developing countries we demonstrate that (a) certaininstitutions like restrictive labour market regulations that are considered to be bad foreconomic growth might be beneficial for production efficiency, whereas (b) good businessenvironment which is considered to...

We present a dynamic model where the probability of outsourcing production is increasing inthe firm’s expectation of technological change. As the pace of innovations in productiontechnologies increases, the less time the firm has to amortize the sunk costs associated withpurchasing and...

Cointegration is tested between organic and conventional corn and soybean markets in severallocations throughout the U.S. using a unique data set. Organic prices are found to behave likejump processes rather than diffusions, and Monte Carlo methods are developed to computeappropriate critical...

A survey of organic grain and oilseed producers in Iowa, Minnesota and Wisconsin wasconducted to collect information about their demographic characteristics, production and pricerisk management strategies, yields and losses, and crop insurance decisions. The data areanalyzed using a discrete...