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Sugar-sweetened beverages have emerged as one of the primary targets in the battle against obesity. Understanding the differential impacts of soda taxes for different obesity categories (e.g., moderate vs. morbidly obese) is critical to assess their full potential to not only reduce obesity...
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An extension of the Guerrero et al. (2010) net present value (NPV) analysis using real options analysis (ROA) is offered to improve machinery replacement decisions. Specifically, the feasibilities of replacing natural gas irrigation systems with either electric or hybrid (electric/wind) systems...
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A structural vector autoregression (SVAR) model along with a direct acyclic graph is employed to decompose how supply/demand structural shocks affect food and fuel markets. The results support the hypothesis that fundamental market forces of demand and supply are the main drivers of food price...
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