Previous research, using data from 1989-91, found that Supplemental Nutrition Assistance Program (SNAP) recipients experienced a decline in caloric intake at the end of the benefit month. This study uses data from the 2007-10 National Health and Nutrition Examination Survey (NHANES) to revisit...

If relative prices of goods within a commodity group are constant, Hicksian separability lets the price of a single good represent the group price level. This is relied on by designers of price questionnaires used in household surveys and by methods of estimating demand systems from household...

Food processing has been widely recognized as a traditional, unskilled-labor intensive production. Yet rapid development in technology drives food processing into more sophisticated and technology-oriented industry. This paper utilizes a fixed effects model to test the hypothesis that the food...

Eurasian water-milfoil is an aquatic invasive plant that has moved rapidly through lakes across the United States. Along with being a hazard to local ecosystems, water-milfoil is a nuisance to those who use lakes for recreation, and its presence even lowers the value of lakefront properties....

Why are some economies likely to grow more slowly when facing natural resource windfalls? What are the causes and consequences of the so-called natural resource curse? These are commonly asked questions in the economics literature, where different studies have address them using different...

Texas High Plains (THP) is a major cotton producing region in the US with low rainfall and decreasing irrigation water availability. Hence stochastic rainfall poses considerable production risk in the region and developing strategies to maximize the average profit and minimize the year to year...

The purpose of this study is to evaluate agricultural producer response to opportunities to generate nutrient credits under Virginia’s water quality trading program. In 2005 the Virginia legislature passed legislation authorizing trade of nutrient reduction credits from nonpoint to...

Unlike many other vintage goods, distilleries often opt to mature their stocks to different ages, selling a heterogeneous line of products which vary in quality. We develop a theoretical model to examine the maturation decisions of a whisky distillery and find that it is possible for a...

Using a comprehensive dataset covering most derivatives trades reported to US exchanges since 1954, we present distributional estimates of the rate at which derivative trading volumes rise and fall. Our results suggest that the lifecycle of cleared derivatives changed fundamentally in the...