The implementation of particular management practices to control the use of natural resources can unintentionally create barriers to trade in resources and resource access. Foreign firms have developed a variety of methods to bypass trade barriers. This thesis examines the use of foreign direct investment as a means of bypassing...
World food markets are becoming increasingly interconnected as firms seek to sell their products not only in domestic markets but in international ones as well. Moreover, processed and high-value consumer-oriented products represent an increasing share of total agricultural exports. This growing international market may have implications for the future competitiveness...
The US airline industry is going through a period of consolidation through mergers between leading airlines. A number of recent mergers have been approved by the Antitrust Division of the Department of Justice (DOJ) based on the presence of Southwest Airlines in merger-affected markets. In doing so, the DOJ makes...
The performance of the meat products industry, the largest food processing sector in the U.S. in terms of shipment value, is an important issue. A key indicator of its performance is productivity growth, which results in reduction in the cost of production at given input prices. The present study employs...
The elasticity of excess demand held by foreign buyers of United States agricultural products is critical for understanding the impacts of changes in farm policy and is a parameter that is much debated. The objective of my study is to estimate this parameter for major U.S. export crops, including wheat,...
This dissertation's three essays explore the determinants of food insecurity for rural farm households, the influence of rainfall variability and long-run changes in rainfall levels on the migration decisions of working-age household heads, and the distributional impacts in core and periphery regions of food assistance to households in the hinterland....
A regime-switching model for market integration study is extended to incorporate dynamic trade flow information and risk perceptions based on an expected utility framework. An application of the extended model to the US-China soybean markets analysis shows that: One, the positive arbitrage rent uncounted-for in the extended model has been...
Long-run food price changes respond to long-run changes in food demand, quasi-fixed and variable production factors, and agricultural productivity. Recent global food-price volatility puts a renewed spotlight on the trends and sources of any agricultural productivity growth. Because food prices’ most critical effects are on human hunger, it is especially...
Environmental quality and the spatial distribution of economic activities affect each other in many ways. The primary purpose of this dissertation is to contribute to understanding the complex interrelationship and its policy implications. This dissertation consists of three essays.
The first essay examines the roles that locational amenities and increasing...
The biorevolution in the 1970’s greatly stimulated investment in life-science
research. The present dissertation is aimed at evaluating the impact of US public
investment on industrial investment in life-science research. The focus is on three major
life-science fields: biology, medicine, and agriculture. A dynamic model of industrial
R&D investment is...