Many recent studies have evaluated potential market power in the U.S. cattle procurement market using either new empirical industrial organization (NEIO) models or auction models. The model derived here shows the NEIO model holds in some cases, while the auction theory can fully describe market...

This paper proposes a nonparametric procedure to estimate market power for first-price auction data and applies the procedure to cattle procurement markets. Most previous studies have used parametric methods, which require specific functional forms for retail demand, input supply and processors'...

This study discusses the potential for expanding cultivation of biofuel feedstock in Mozambique from several angles. Taking the case of sugarcane, it explores the potential to expand production, through exploring both biophysical factors and patterns of existing investment. We review recent...