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International Economics Commons

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1998

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Articles 1 - 27 of 27

Full-Text Articles in International Economics

Trends. Bailing Out Of A Bailout: The Case Of Brazil, Editor Nov 1998

Trends. Bailing Out Of A Bailout: The Case Of Brazil, Editor

International Bulletin of Political Psychology

The author discusses international bailouts that are dependent on behavioral promises.


Exchange-Rate Policies In Central Europe And Monetary Union, Lucjan Orlowski Oct 1998

Exchange-Rate Policies In Central Europe And Monetary Union, Lucjan Orlowski

WCBT Faculty Publications

Looks at the relationship between exchange-rate and monetary policies in transition economies (TEs) in central Europe bent on becoming part of the European Union. Review of practiced targets of monetary policy in response to the requirements of monetary union; Question of whether or not candidates will resort to a final currency devaluation; Suggestions for adjustments in short- and long-term monetary policy.


How Many Iowa Commercial Farm Businesses Will Survive Until 2000?, Robert W. Jolly, Alan Vontalge Sep 1998

How Many Iowa Commercial Farm Businesses Will Survive Until 2000?, Robert W. Jolly, Alan Vontalge

Economic Staff Paper Series

For most Iowa farmers the euphoria of 1996 has been replaced with the gloom of 1998. The prospect of rising farm incomes buoyed by expanding export markets, innovative technological developments, and market-oriented farm and trade policies seem almost a sure bet a year or so ago. Farmers understood that increase income volatility and lower safety nets would require that greater attention be paid to managing risk. But trading increase income for, increased risk exposure seem to many like areasonable bargain ~ particularly in view; ofthe fart that agriculture's dwindling political clout could notmaintain a generous subsidy program forfarmers


Change In U.S. Tariffs: The Role Of Import Prices And Commercial Policies, Douglas A. Irwin Sep 1998

Change In U.S. Tariffs: The Role Of Import Prices And Commercial Policies, Douglas A. Irwin

Open Dartmouth: Faculty Open Access Scholarship

No abstract is available for this item.


The Organization Of Agricultural Research In Western Developed Countries, Wallace E. Huffman, Richard E. Just Aug 1998

The Organization Of Agricultural Research In Western Developed Countries, Wallace E. Huffman, Richard E. Just

Economic Staff Paper Series

This paper reviews agricultural research structural and organization changes in western developed countries, examines new financing prospects for agricultural research, and provides some tentative conclusions about which organizations are best positioned to provide services for the 21st century. Giventhat these countries faces many similar economic, political, scientific, andagroclimatic factors and fiscal issues, we canexpect a similar set of similar new developments thathave potentially important and widespread long-run implications. After three common developments are outlined, principles ofimpure public good financing are applied leading to the following agricultural science policy recommendations (i) new political jurisdictions should be formed to finance research, e ...


Welfare Reducing Trade And Optimal Trade Policy, E. Kwan Choi, Hamid Beladi Aug 1998

Welfare Reducing Trade And Optimal Trade Policy, E. Kwan Choi, Hamid Beladi

CARD Working Papers

In contrast to some trade theorists' long-held beliefs, this study shows that free trade reduces the welfare of a small country with unemployment unless the free trade price of the importable falls below the autarky equivalent price. This study formulates a disequilibrium trade model with sticky money wages that has been generalized to fixed-price economies where output prices as well as wages are fixed, independent of excess demand or supply in the labor and goods markets. After describing the model and its solution, the authors discuss the implications of changing tariff rates on foreign products, construct a numerical example showing ...


Sugar Policy Reform In The Republic Of Turkey, A. Ali Koç, Frank H. Fuller Aug 1998

Sugar Policy Reform In The Republic Of Turkey, A. Ali Koç, Frank H. Fuller

CARD Working Papers

Recently, the Republic of Turkey passed a significant milestone on its road to becoming a full member of the European Union when the customs union agreement became effective. The agreement eliminates barriers to trade between Turkey and the EU in industrial goods and processed agricultural products. In 1997 the Turkish Sugar Corporation drafted a proposal to change Turkey's current sugar policies to coincide with the existing Common Agricultural Policy. This paper examines the impact of the proposed sugar regulation on Turkey's sugar production and trade.


The United States House Of Representatives And The International Monetary Fund: Cognitions And Miscognitions, Editor Jul 1998

The United States House Of Representatives And The International Monetary Fund: Cognitions And Miscognitions, Editor

International Bulletin of Political Psychology

This article provides a brief cognitive analysis of rationales for not supporting the allocation of $18 billion to the International Monetary Fund (IMF).


Impact Of Chinese Accession To The World Trade Organization On U.S. Meat And Feed-Grain Producers, Frank H. Fuller, Dermot J. Hayes Jul 1998

Impact Of Chinese Accession To The World Trade Organization On U.S. Meat And Feed-Grain Producers, Frank H. Fuller, Dermot J. Hayes

CARD Working Papers

Changes in China's food situation and trade behavior have important implications for U.S. agricultural exports. This report considers some of the trends in China's meat market. It also uses a partial equilibrium model of China's livestock and grain sectors to examine the impact of tariff reductions on Chinese pork and poultry imports. The results suggest that liberalization of China's pork and poultry markets will cause a relatively large change in world trade levels without causing any serious price disruptions, and that the United states is in a good position to capture most of the benefits ...


A Policy Model For The Livestock And Poultry Sectors Of Mexico, Chad Barrett, Jacinto F. Fabiosa Jun 1998

A Policy Model For The Livestock And Poultry Sectors Of Mexico, Chad Barrett, Jacinto F. Fabiosa

CARD Technical Reports

Many economic and demographic trends along with increased free trade agreements are projected to increase Mexico's prominence in the world markets for meat products in the next decade. This report documents the development by the Food and Agricultural Policy Research Institute (FAPRI) of a new model of Mexico's livestock and poultry sectors, including beef and cattle, swine and pork, and broilers. Improvements in the new model include functional form equations, more equations for each commodity, and the use of both live animal and meat trade equations.


Ua68/2/1 Intercambio Internacional, Vol. Xv, No. 1, Wku Latin American Studies Jun 1998

Ua68/2/1 Intercambio Internacional, Vol. Xv, No. 1, Wku Latin American Studies

WKU Archives Records

Newsletter created by WKU Latin American Studies committee regarding science, politics and economic advances in Latin America as well as cooperative projects between WKU and universities across Latin America. The newsletter is written in both English and Spanish.


Cognitive Complexity And The International Monetary Fund: An $18 Billion Question May 1998

Cognitive Complexity And The International Monetary Fund: An $18 Billion Question

International Bulletin of Political Psychology

This article describes two common political positions on the Clinton Administration's proposal to allocate an additional $18 billion to the International Monetary Fund (IMF) and then offers a less common position. The three positions may be differentiated by the psychological construct of cognitive complexity.


Coping With Contagion : Europe And The Asian Economic Crisis, Brian Bridges Apr 1998

Coping With Contagion : Europe And The Asian Economic Crisis, Brian Bridges

CAPS Working Paper Series

No abstract provided.


A Model For Others: An Examination Of Korean And Taiwanese Economic Development, Kimberly More Apr 1998

A Model For Others: An Examination Of Korean And Taiwanese Economic Development, Kimberly More

Political Science and International Relations Undergraduate Theses

This thesis will explore the different models of development used to explain South Korean and Taiwanese economic development and the development experiences of Korea and Taiwan. By examining the theoretical literature and the case studies, I will determine whether or not a general model of development can be created that is transferable to other developing countries or if development is a strictly unique experience


China's Role In World Livestock And Feed-Grain Markets, Dermot J. Hayes Apr 1998

China's Role In World Livestock And Feed-Grain Markets, Dermot J. Hayes

CARD Briefing Papers

Within the next 20 years, China will be transformed from a country unable to meet the basic food needs of its people to one that should be able to provide meat, poultry, dairy products, and even alcohol to a majority of consumers. To achieve this growth, China will need to change many of the food and trade policies that are currently in place. If such change occurs, the United States will experience a large and sustained growth in agricultural exports, and U.S. farmers should temporarily benefit from strong prices. This paper describes the type of policy changes for China ...


State Trading Companies, Time Inconsistency, Imperfect Enforceability And Reputation, Tigran A. Melkonian, Stanley R. Johnson Apr 1998

State Trading Companies, Time Inconsistency, Imperfect Enforceability And Reputation, Tigran A. Melkonian, Stanley R. Johnson

CARD Working Papers

Strategic trade in international markets is important for agricultural and other basic commodities. State trading companies (STCs) and large private firms control most of the trade volume. In this study the authors use concepts of modern game theory to treat time inconsistency issues associated with strategic trade. The results are particularly applicable to trade in commodities with lengthy production periods, such as agriculture. The model considered here provides an important context for exploring impacts of signaling, reputation, and third party interventions that approximate the institutions and authorities that govern international trade.


The United States' Approach To International Civil Litigation: Recent Developments In Forum Selection, Stephen B. Burbank Apr 1998

The United States' Approach To International Civil Litigation: Recent Developments In Forum Selection, Stephen B. Burbank

Faculty Scholarship at Penn Law

No abstract provided.


Relative Gains Problem And Case Studies Of Economic Cooperation In East Asia, Ping Deng Apr 1998

Relative Gains Problem And Case Studies Of Economic Cooperation In East Asia, Ping Deng

Graduate Program in International Studies Theses & Dissertations

Relative gains problem basically means unequal cooperative payoffs disproportionately favoring partners. With the relative gains problem widely accepted as a serious impediment to international cooperation, some scholars have theoretically argued or modeled several conditions that are most likely to foster a state's sensitivity to relative gains and thus substantially affect the prospects for cooperation. But little empirical work has been done to date. The central objective of this dissertation is to test whether those theoretical propositions can be supported by empirical evidence. For this purpose, we have deducted three hypotheses: (1) If a state faces military threat and zero-sum ...


Fapri Analysis Of The Proposed 'Agenda 2000' European Union Cap Reforms, William H. Meyers, Abner W. Womack, Dermot J. Hayes, Darnell B. Smith, Samarendu Mohanty, Sudhir Chaudhary, Steven L. Elmore, Jacinto F. Fabiosa, Frank H. Fuller, Chad E. Hart, Karen Kovarik Mar 1998

Fapri Analysis Of The Proposed 'Agenda 2000' European Union Cap Reforms, William H. Meyers, Abner W. Womack, Dermot J. Hayes, Darnell B. Smith, Samarendu Mohanty, Sudhir Chaudhary, Steven L. Elmore, Jacinto F. Fabiosa, Frank H. Fuller, Chad E. Hart, Karen Kovarik

CARD Working Papers

The FAPRI modeling system used for the analysis provides information about the impact of the European Union's (EU) proposed "Agenda 2000" Common Agricultural Policy (CAP) reforms on U.S. crops and livestock sectors, international trade balance, world prices, and on commodity supply and use in selected countries. The proposed CAP changes are intended to improve EU agricultural competitiveness and market orientation.


From The Ibpp Research Associates. Brazil: Rafael Raffaelli. Part I, Rafael Raffaelli, Katie Colberg Jan 1998

From The Ibpp Research Associates. Brazil: Rafael Raffaelli. Part I, Rafael Raffaelli, Katie Colberg

International Bulletin of Political Psychology

Dr. Rafaelli is affiliated with Universidade Federal de Santa Catarina (UFSC)--Federal University of Santa Catarina--which is located on Santa Catarina Island in Southern Brazil. His current research interests include the (1) representation of nature in the arts and (2) philosophy and implications of representation in the current social and psychological conceptions of environment leading to political action. Dr. Raffaelli also is affiliated with a doctoral program in the above areas. The author discusses the current economics crisis in Brazil.


Japanese U.S. Auto Transplant Production: An Analysis Of The Roles Of Vers And The Exchange Rate, Michael Cornstubble Jan 1998

Japanese U.S. Auto Transplant Production: An Analysis Of The Roles Of Vers And The Exchange Rate, Michael Cornstubble

University Avenue Undergraduate Journal of Economics

Since their introduction in 1982, Japanese auto transplants in the U.S. have skyrocketed in production, now producing many more cars than are imported. This study incorporates new refinements and revisions to attempt to identify the main factors that are responsible for the introduction of Japanese auto transplants and their massive growth in production over the last 14 years. The author develops two hypotheses for theoretical analysis of the factors contributing to production decisions. The first is that the voluntary export restraints (VERs) imposed on the Japanese from 1981-1985 are responsible for bringing the transplants to the U.S. and ...


The Euro: Ready Or Not? A Retrospective On European Unification: Some Lessons For 1999, Joseph Santos Jan 1998

The Euro: Ready Or Not? A Retrospective On European Unification: Some Lessons For 1999, Joseph Santos

Economics Pamphlet Series

On January 1, 1999, fifteen independent nation-states of Europe are set to relinquish their national currencies in favor of a single European monetary unit, called the euro. While the origins of the European Union (EU) (formerly referred to as the European Community) date back to the Marshall Plan, the inception of the euro occurred in February of 1992 with the passage of the Treaty on European Union, or Maastricht Treaty. Though the prospect of a European Monetary Union (EMU) has attracted many observers from the economics, finance, and business communities, the history of the EU, and its current plan to ...


The Fischer Black Hypothesis: Some Time-Series Evidence, Tony Caporale, Barbara Mckiernan Jan 1998

The Fischer Black Hypothesis: Some Time-Series Evidence, Tony Caporale, Barbara Mckiernan

Economics and Finance Faculty Publications

We estimate an ARCH-M model to analyze the relationship between the conditional standard deviation of real gross national product (GNP) and its growth rate for the period 1871-1993. We find that variability significantly increases output growth rates. In addition, impulse response functions show that the effect of variability on growth rates is dynamic. These results provide evidence in favor of Black's (1987) business cycle hypothesis.


The Importance Of Maine's Economic Ties With Canada: Some Thoughts Related To The East-West Highway, Richard E. Mueller Jan 1998

The Importance Of Maine's Economic Ties With Canada: Some Thoughts Related To The East-West Highway, Richard E. Mueller

Maine Policy Review

Whether to build an east-west highway across central Maine has been widely debated in recent months and, regardless of where one stands on the issue, all agree it is important to study the idea further. In this article, Richard Mueller addresses Maine's economic linkages with Canada and assesses how an east-west highway would affect them. He focuses on cross border traffic flows, inter-provincial truck activity, Canadian-American trade, and tourism, concluding that there is little doubt an east-west highway would bring economic benefits to northern and central Maine. Yet he cautions policymakers to consider the investment carefully. Highways are two-way ...


An Examination Of Profit Inefficiency Of Rice Farmers In Northern Ghana, Awudu Abdulai, Wallace E. Huffman Jan 1998

An Examination Of Profit Inefficiency Of Rice Farmers In Northern Ghana, Awudu Abdulai, Wallace E. Huffman

Economic Staff Paper Series

This paper employs a stochastic frontier model to examine profit inefficiency of rice farmers in the Northern Region of Ghana using farm-level survey data. The efficiency index, based on a half-normal distribution of the stochastic error term is related to farm and household characteristics. The empirical results show that farmers' human capitalrepresented by the level of schooling contributes positively to production efficiency, suggesting that investment in farmers' education improves their allocative performance. Access to credit and greater specialization in rice production, are found to be positively related to production efficiency. A farmer's participation in nonfarm employment and being older ...


Winning The Marathon: A Reconsideration Of The Development Effects Of Neo-Classical Trade Practices, Peter Weylie, Jean-Pierre Guevremont Jan 1998

Winning The Marathon: A Reconsideration Of The Development Effects Of Neo-Classical Trade Practices, Peter Weylie, Jean-Pierre Guevremont

University Avenue Undergraduate Journal of Economics

This paper focuses on the trading policies of developed nations, specifically import quotas, and their positive and negative effects on developing countries. We hope to show that the case is not as polar as was once believed and instead focus on how the current literature suggests that the real effects of free-trade are shrouded in nuance and circumstance. Our starting point will be an analysis of the fashionable neo-liberal trade theory and its impact on development, making special reference to the Multi-Fibre Agreement (MFA). We will then turn our attention to the shortcomings of the neo-liberal approach, and provide a ...


People Adrift: Migration And Development (In Dutch), Free University, Amsterdam, Henk Lm Kox, Ko Heins Dec 1997

People Adrift: Migration And Development (In Dutch), Free University, Amsterdam, Henk Lm Kox, Ko Heins

Henk LM Kox

People adrift is an edited volume that offers a rich perspective on migration and development. The introductory chapter by both editors provides an analytic survey of the major issues and their relations. The ten next chapters deal with migration motives, economic mechanisms, environmental issues, social and economic impacts on regions, relation with refugee flows and immigration barriers.