A model of agricultural decision making is developed and tested in this thesis. The expected value of utility evaluated under alternative outcomes is directly maximized in a nonlinear programming model. Two features of the model distinguished it from traditional risk programming models. First, alternative attitudes towards the assumption of risk...
By 1976 extended fisheries jurisdiction had been
declared by most coastal states and territories of the
world. The new regime of property rights was expected to
affect seafood production costs which, in turn, could impact
on seafood trade and the competitive positions of
producing countries. In theory this policy should...
The principal objective of this analysis is the
development of a methodological approach that would
permit a more complete evaluation of the physical and
economic consequences of prohibited species by-catch
(PSC) losses, such as occur in the harvest of groundfish.
To achieve efficient management of the several marine
species involved...
Japan is the largest market for U.S. forest products.
Therefore, export of wood products to this country is
critical to the economic life of the forest industry in
the U.S. and particularly for the Pacific Northwest.
Hence, economic conditions and developments in Japan may
significantly affect the volume of trade...
The U.S. white wheat industry relies heavily on export markets.
Since the early 1960s these markets have been geographically concentrated
in a few countries in Asia. This suggests that developments
in a few Asian countries may significantly affect the prospects for
U.S. white wheat exports and thereby the economic well...
In spite of the rapid economic growth of the post-war era, there
has not been significant improvement in the incidence of poverty,
nor in the inequality of income distribution around the world, and
particularly in the developing countries. A reason for the apparent
failure of the poor to benefit from...
The world sugar market does not perform in a perfect competitive
setting. This research has applied a new framework to analyze the
impacts of liberalization in international trade in sugar. The current
round of GATT negotiation has placed agricultural trade reform on top of
the list. Trade in sugar will...