Environmental sustainability and economic growth is at the forefront of international policy discussions. There is no question that climate change is happening, but also that countries all around the world aspire to continued economic growth. When it comes to climate change, scientists agree that increased carbon dioxide (CO₂) emissions in...
The objective of this dissertation is to examine multi-product firms' productivity and export behavior. More specifically, this dissertation estimates productivity of firms that produce and sell multiple products, and the role of productivity in such firms' export behavior. In doing so, this dissertation develops a firm-level gravity approach to test...
By affecting the ecological, pecuniary and aesthetic productivity of ecosystems, invasive species (IS) increase production and management costs to business, while straining public agencies' budgets with monitoring, enforcement and management efforts. Understanding invasion pathways or vectors, and identifying costs and benefits of alternative management strategies are critical to public and...
Firms' participation in exporting or foreign direct investment is an extremely rare behavior: only 4 percent of over 5.5 million U.S. firms were exporters in 2000. Exporters are generally larger (e.g. output and employment) and more productive than firms serving only domestic markets. Such heterogeneity within a narrowly defined industry...
The composition of global agricultural trade is shifting from primary commodities to processed foods in terms of value and quantity. It is important to understand the linkages between agriculture and food processing to identify the sources of the structural change in agricultural trade. The question addressed by this research is...
The Uruguay Round of trade negotiations (1994) initiated agricultural trade
liberalization in the form of increased market access, lower export subsidies and limits on
trade-distorting domestic support (three pillars, see Burfisher, 2001; de Gorter, Ingco and
Ignacio, 2003; Gopinath, Mullen and Gulati, 2004). However, further trade liberalization
has stalled largely...
The Uruguay Round Agreement on Agriculture in 1994 initiated multilateral
reform of the agricultural sector to better integrate global markets. The implementation of
the agreement has occurred at a time when agricultural commodity prices have
significantly declined. These two events reveal that many countries maintained different
thresholds in terms of...
Since the Uruguay Round Agreement on Agriculture (URAA) in 1994, global competition in Korean agricultural markets has significantly increased. The objective of this dissertation is to identify the effects of trade liberalization on productivity and pricing in the Korean rice market (Essay 1 and 2) and on the entire agricultural...
Foreign direct investment (FDI), the movement of long-term capital, has been increasingly important in the world economy since the early 1970s. Its growth rate outpaces that of trade in goods and gross national product (GNP) during the same period. Prior literature mostly focuses on either the causes (determinants) of FDI...