Recent studies into price transmission have recognized the important role played by transport and transaction costs. Threshold models are one approach to accommodate such costs. We develop a generalized Threshold Error Correction Model to test for the presence and form of threshold behavior in...

Multilateral trade negotiations have once again foundered, at least in part, over agriculture. In previous rounds, discussions stalled because of the reluctance of some OECD countries to reform their agricultural policies and dismantle protection; this time an impasse was reached over the extent...

The purpose of the Development Policy Evaluation Model (DEVPEM) is to provide an appropriate modelling structure for analysing the welfare and distributional implications of alternative agricultural policies in developing countries. The aim of the model is to provide illustrative results that...

This paper proposes a strategic framework for policies to assist smallholders in developing countries. It describes the inevitable features of structural change in the agricultural and rural economy, the associated pressures that these changes place on smallholders, and the consequent need for...

The determinants of House and Senate votes on congressional amendments to limit payments to farmers are investigated. One concern is that campaign contributions may influence politiciansÂ’' votes. Lobbying activity, as attempts to distinguish ideological motivations from passive constituency...

The potential impacts of multilateral trade liberalisation on developing countries are the subject of numerous controversies. One particular concern is that Brazil, a major agricultural exporter and a country with one of the world's most unequal income distributions, will reap a substantial...

This paper discusses the adjustment pressures faced by smallholders in middle-income countries, considers the types of policy response that are warranted, and proposes an integrated framework for more inclusive development. Central to this framework is the recognition that the long-term (i.e....