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International Economics Commons

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1999

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Articles 1 - 30 of 33

Full-Text Articles in International Economics

Impacts Of Economic Reform In Poland; Incidence And Welfare Changes Within A Consistent Framework, Sonya Kostova Huffman, Stanley R. Johnson Dec 1999

Impacts Of Economic Reform In Poland; Incidence And Welfare Changes Within A Consistent Framework, Sonya Kostova Huffman, Stanley R. Johnson

Economic Staff Paper Series

Many Central and Eastern European nations transitioned from centrally planned to market economies during the early 1990's. Murphy et al. [1992] and Boycko [1992] have provided analysis of the reform process for these planned economies, highlighting problems of policy im certainty, timing, partial government ownership and other factors that lead to the associated economic decline. In an empirical study Blanchard and Kremer [1997] have shown that aggregate output declined 40- 70 percent in industries across the republics of the former Soviet union over the 1989-94 period with the larger declines in sectors having more complex production process.


The Impact Of The Berlin Accord And European Enlargement On Dairy Markets, Frank H. Fuller, John C. Beghin, Samarendu Mohanty, Jacinto F. Fabiosa, Cheng Fang, Phillip Kaus Dec 1999

The Impact Of The Berlin Accord And European Enlargement On Dairy Markets, Frank H. Fuller, John C. Beghin, Samarendu Mohanty, Jacinto F. Fabiosa, Cheng Fang, Phillip Kaus

CARD Working Papers

This paper analyzes the effect on dairy markets of the Berlin Accord and the European Union (EU) Common Agricultural Policy (CAP) reforms. It also investigates the consequences of the EU enlargement to include three Central and Eastern European countries (CEECs), the Czech Republic, Hungary, and Poland, with sizeable agricultural and dairy markets. While the analyses are dependent on a series of assumptions relating to the functioning of EU markets and the future world agricultural and macroeconomic situations, the paper concludes that CAP reforms resulting from the Berlin Accord are likely to create substantial changes in the European agricultural markets. Policy ...


The Market For U.S. Meat Exports In Eastern Canada, Dermot J. Hayes, Roxanne L. B. Clemens Nov 1999

The Market For U.S. Meat Exports In Eastern Canada, Dermot J. Hayes, Roxanne L. B. Clemens

CARD Working Papers

Trade in livestock and livestock products between the U.S. and Canada has become controversial in recent years. This paper focuses of some of the factors that have given rise to this change in trade patterns between the two countries. Hayes and Clemens describe meat and live animal trade in both directions, then offer some explanations as to why these trade patterns have occurred. They also offer a projection of how trade patterns might yet evolve. Because the strength of the Canadian dollar is a key aspect of past trade patterns as well as future projections, Hayes and Clemens discuss ...


Volatility Of Central Europe Exchange Rates: Reaction To Financial Contagion, And Policy Recommendations For European Union Accession, Lucjan Orlowski, Thomas D. Corrigan Nov 1999

Volatility Of Central Europe Exchange Rates: Reaction To Financial Contagion, And Policy Recommendations For European Union Accession, Lucjan Orlowski, Thomas D. Corrigan

WCBT Faculty Publications

Examines the volatility of the exchange rates in Central Europe. Role of capital account liberalization and financial market integration in exchange rate stability; Remedies employed to financial problems of each countries; Impact of Asian and Russian financial crises on currencies of Central European countries; Recommendations for European Union accession.


Essays On The Political Economy Of The Dominican Reform Process, Julio Gabriel Andujar Oct 1999

Essays On The Political Economy Of The Dominican Reform Process, Julio Gabriel Andujar

FIU Electronic Theses and Dissertations

This dissertation provides an analytical framework to study the political economy of policy reform in the Dominican Republic during the nineties. Based on a country study, I develop two theoretical models that replicate the mechanisms of policy approval in developing countries with weak democracies. The first model considers a pro-reform President who submits a tariff bill to an anti-reform Congress dominated by the opposition party. In between, two opposing lobbies try to get their favored policy approved. Lobbies act as Stackelberg leaders vis a vis a weak President. The behavior of the Congress is determined exogenously while the lobbies act ...


To Label Or Not To Label, That Is The Question, Giancarlo Moschini Oct 1999

To Label Or Not To Label, That Is The Question, Giancarlo Moschini

Economics Publications

Genetically modified organisms (GMOs) have been welcomed by US agriculture and by a number of other countries (notably Canada and Argentina). Transgenic crops were virtually unkn own before 1996 but have experienced breathtaking adoption rates. For example, in 1999 more than 50 percent of the soybean crop grown in the United States is genetically modified (at least -+0 percent of U.S. com and 50 per cent of U.S. cotton are also transgenic). For the next crop yea r, it is estimated that 100 percent of the soybeans grown in Argentina will be herbicide resistant. But GMOs have struck ...


Potential Market For Non-Gmo Corn And Soybeans, Bruce A. Babcock, John C. Beghin Oct 1999

Potential Market For Non-Gmo Corn And Soybeans, Bruce A. Babcock, John C. Beghin

CARD Briefing Papers

Demand for non-GMO (genetically modified organism) corn and soybeans is high in the EU and Japan, which are two of the largest markets for U.S. corn and soybeans. This presents a potential problem for markets if U.S. processors find themselves scrambling to locate and purchase non-GMO crops. By looking at how the 1998 U.S. corn and soybean crops were used, Babcock and Beghin project possible demand in the 99/00 marketing year for non-GMO corn and soybeans.


Foreign Policy And Language: United States Economic Sanctions Against North Korea, Editor Sep 1999

Foreign Policy And Language: United States Economic Sanctions Against North Korea, Editor

International Bulletin of Political Psychology

This article analyzes two elements of language that frequent the discourse on United States foreign policy towards the Democratic People's Republic of Korea. The analysis bears on the consequences of language for policy.


Double Dividend With Trade Distortions: Analytical Results And Evidence From Chile, John C. Beghin, Sebastien Dessus Sep 1999

Double Dividend With Trade Distortions: Analytical Results And Evidence From Chile, John C. Beghin, Sebastien Dessus

CARD Working Papers

The double-dividend debate evolves around the possibility (or not) of substituting environmental taxes for more distortionary taxes to reduce both pollution degradation or damages (the first dividend) and the excess burden of existing taxes (the second dividend). This debate tends to center on labor market distortions, but this paper shifts the focus to trade and environmental distortions. Specifically, Beghin and Dessus empirically explore the trade/environment double-dividend with an applied general equilibrium model of the Chilean economy. Findings suggest that swapping environmental taxes for trade distortions in Chile does indeed improve welfare. Furthermore, the swap would pay for itself under ...


New Insights On The Organization Of Agricultural Research: Theory And Evidence For Western Developed Countries, Wallace E. Huffman Jul 1999

New Insights On The Organization Of Agricultural Research: Theory And Evidence For Western Developed Countries, Wallace E. Huffman

Economic Staff Paper Series

Public and private R&D are important sources of advances in knowledge leading to new technologies for and products from agriculture in western developed countries. Over the past fifteen years, a significant reduction in the rate of growth of public funding for agricultural research in western developed countries has occurred relative to the preceding decade. The future, however, holds unexplored options for the organization of public agricultural research. Advances in the theory of impure public goods can be applied to create new financing jurisdictions and funding sources for public agricultural research. Advances in principal-agent theory can be applied to the ...


Ms-003: The Papers Of Amos E. Taylor, Gettysburg Class Of 1915, Christine M. Ameduri Jul 1999

Ms-003: The Papers Of Amos E. Taylor, Gettysburg Class Of 1915, Christine M. Ameduri

All Finding Aids

The Amos E. Taylor Collection is divided into eight Series. I. Biographical Information; II. Military Service; III. University of Pennsylvania; IV. U.S. Department of Commerce; V. Inter-American Economic & Social Council/Pan American Union; VI. American University; VII. Personal Memorabilia, and VIII. Publications. It includes materials covering many decades of his life including his extensive education, his military service in World War I, and his career working for federal agencies, presidents, and economic associations.

Special Collections and College Archives Finding Aids are discovery tools used to describe and provide access to our holdings. Finding aids include historical and biographical information about each collection in addition ...


Institutional Changes And Discretionary Value For Property Rights In Drylands’ Farming Of The Sudan, Professor Issam A.W. Mohamed Jun 1999

Institutional Changes And Discretionary Value For Property Rights In Drylands’ Farming Of The Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Research on land tenure and use control and the socioeconomic sets of regulations in the agricultural rainfed sub sector of Sudan, come to focus for many reasons. Anthropogenic pressure, expanding animal population and migration led to accelerated impacts on both the ecological systems and land yields. Conflicts between governmental regulations and indigenous rules contribute to generate inconsistencies on who have the right to till the land and hence own it. With such transformation logically, more intensive commercial farming took place and land intake exponentially increased. Private or collective property rights of land are procured through traditional tenure, prescription, settlement or ...


Testing For A Nonlinear Relationship Among Fundamentals And Exchange Rates In The Erm, Yue Ma, Angelos Kanas Jun 1999

Testing For A Nonlinear Relationship Among Fundamentals And Exchange Rates In The Erm, Yue Ma, Angelos Kanas

CAPS Working Paper Series

We employ two nonparametric nonlinear testing methodologies, namely a nonparametric nonlinear cointegration approach and nonlinear Granger causality approach, to test for a nonlinear relationship between macroeconomic fundamentals and exchange rates for two country-pairs, namely the Netherlands-Germany and France-Germany. The result suggest that there is nonlinear cointegration among money, output and exchange rates for Netherlands-Germany, which can be interpreted as evidence of a long-run nonlinear relationship. For France-Germany, we fail to find evidence of nonlinear cointegration, but we find nonlinear Granger causality from French money to the FFr/DM exchange rate. These findings may be interpreted as evidence of a dynamic ...


Analysis Of The Berlin Accord Reforms Of The European Union's Common Agricultural Policy, Food And Agricultural Policy Research Institute, Bruce A. Babcock, John C. Beghin, Samarendu Mohanty, Frank H. Fuller, Jacinto F. Fabiosa, Sudhir Chaudhary, Phillip Kaus, Cheng Fang, Chad E. Hart, Karen P. Kovarik Jun 1999

Analysis Of The Berlin Accord Reforms Of The European Union's Common Agricultural Policy, Food And Agricultural Policy Research Institute, Bruce A. Babcock, John C. Beghin, Samarendu Mohanty, Frank H. Fuller, Jacinto F. Fabiosa, Sudhir Chaudhary, Phillip Kaus, Cheng Fang, Chad E. Hart, Karen P. Kovarik

CARD Briefing Papers

This paper briefly summarizes the impacts of the European Union's Common Agricultural Policy (CAP) reforms on the European agricultural sector and on international agricultural trade. Objectives of the CAP reform (as stated in EU Commission documents) are to ensure the environmental viability of European agriculture and to protect the livelihood of European farmers. An extensive Appendix provides data on the impact of Agenda 2000 on various commodities.


Eco-Labels And International Trade In Textiles, Wesley Nimon, John C. Beghin Jun 1999

Eco-Labels And International Trade In Textiles, Wesley Nimon, John C. Beghin

CARD Working Papers

The authors provide a formal analysis of the welfare and trade implications of eco-labeling schemes. They present a simple model of vertical (quality) differentiation that captures stylized features of the textiles market in which trading takes place between an industrialized North (domestic) and a developing South (foreign). The paper investigates several labeling scenarios--labeling by North, labeling by 130th North and South, and harmonization of 170th labels--and draws conclusions about their impact on consumers.


A General Conceptual Approach To Modeling The Livestock Sector: Application To The Japanese Swine-Pork Sector Model With Analysis Of The “No Gate Price Policy Scenario”, Jacinto F. Fabiosa Apr 1999

A General Conceptual Approach To Modeling The Livestock Sector: Application To The Japanese Swine-Pork Sector Model With Analysis Of The “No Gate Price Policy Scenario”, Jacinto F. Fabiosa

CARD Technical Reports

Many livestock sector models have limited coverage of relevant variables and are somewhat ad hoc in their structure in the choice of what should be specified as behavioral equations. This study develops a generic conceptual approach to modeling the livestock sector that provides consistent rules of specification and better coverage of variables. The new approach departs significantly from existing models. This approach is applied to modeling the swine-pork sector of Japan and then used to analyze the impact of removing Japan's gate price policy and variable levy for pork imports.


Institutional Impact Of Gatt: An Examination Of Market Integration And Efficiency In The World Beef And Wheat Market Under The Gatt Regime, Jacinto F. Fabiosa Apr 1999

Institutional Impact Of Gatt: An Examination Of Market Integration And Efficiency In The World Beef And Wheat Market Under The Gatt Regime, Jacinto F. Fabiosa

CARD Working Papers

Many studies have been done concerning the impact of the General Agreement on Tariffs and Trade (GATT) on economic activities such as production, consumptions trade, and prices. This study examines whether GATT reforms improved market integration and efficiency using the beef and wheat markets as specific cases. Whereas earlier studies specified general or partial equilibrium structure in their models, this study uses time series methods with minimum structural specification. The author suggests there is consistent evidence that GATT reforms promoted market integration and improved market efficiency.


International Re-Migration Analysis: Evidence From Puerto Ricans, Yang Li, Wallace E. Huffman Apr 1999

International Re-Migration Analysis: Evidence From Puerto Ricans, Yang Li, Wallace E. Huffman

Economic Staff Paper Series

Geographical human migration, including international, interregional, and interstate moves, is a very important form of human capital investment, and it has been receiving major popular and professional attention. We observe relatively high geographical migration rates near the time individuals complete their,formal schooling. Also, significant migration follows episodes of unemployment and plans to retire from the workforce. Frequently individuals return to the area where they were born, especially in retirement. The United Nations(1989, p.61) estimated that there are approximate 60 million people, or 1.2 percent of the world's population, now living in a country other than ...


From The Ibpp Research Associates. Brazil: Rafael Raffaelli, Rafael Raffaelli - Universidade Federal De Santa Catarina, Katie Colberg - Global Network Initiative Feb 1999

From The Ibpp Research Associates. Brazil: Rafael Raffaelli, Rafael Raffaelli - Universidade Federal De Santa Catarina, Katie Colberg - Global Network Initiative

International Bulletin of Political Psychology

This article is an e-mail interview with Dr. Rafael Raffaelli who is affiliated with Universidade Federal de Santa Catarina, Brazil.


From The Ibpp Research Associates. Brazil: Louise Madeira, Louise Madeira Jan 1999

From The Ibpp Research Associates. Brazil: Louise Madeira, Louise Madeira

International Bulletin of Political Psychology

The author, a psychologist working in Brazil, discusses the Brazilian Economic Crisis.


From The Ibpp Research Associates. Brazil: Agnaldo Garcia, Agnaldo Garcia Jan 1999

From The Ibpp Research Associates. Brazil: Agnaldo Garcia, Agnaldo Garcia

International Bulletin of Political Psychology

The article discusses current international headlines from Brazil focusing on macroeconomic Issues, the following data pertains to events "on the ground."


Economic And Demographic Aspects Of Taiwan's Rising Family Income Inequality, Gary S. Fields Jan 1999

Economic And Demographic Aspects Of Taiwan's Rising Family Income Inequality, Gary S. Fields

Articles and Chapters

[Excerpt] Since 1980, however, family income inequality in Taiwan has risen slowly but steadily. In this chapter, we apply decomposition methodologies devised by Fei and co-authors and by Shorrocks to Taiwan's Family Income and Expenditure Surveys to quantify the sources of Taiwan's rising family income inequality.

Our principal finding is that labor income inequality accounts for more than 100 percent of the observed change— that is, household income inequality would have increased even more had not business income, property income and transfer income contributed to an equalization of incomes. However, the reason for this is not that individual ...


Europe And The Globalization Of Antitrust Law, David J. Gerber Jan 1999

Europe And The Globalization Of Antitrust Law, David J. Gerber

All Faculty Scholarship

No abstract provided.


Foreign Affairs Power -- The Massachusetts Burma Law Is Found To Encroach On The Federal Government's Exclusive Constitutional Authority To Regulate Foreign Affairs. -- National Foreign Trade Council V. Baker, 26 F. Supp. 2d 287 (D. Mass. 1998), Angela M. Banks Jan 1999

Foreign Affairs Power -- The Massachusetts Burma Law Is Found To Encroach On The Federal Government's Exclusive Constitutional Authority To Regulate Foreign Affairs. -- National Foreign Trade Council V. Baker, 26 F. Supp. 2d 287 (D. Mass. 1998), Angela M. Banks

Faculty Publications

No abstract provided.


The Midwest Feeds Consortium: Final Report, Anthony C. Ostrowski, Paul Brown, Rolando A. Flores, Robert C. Summerfelt, Keith Heffernan, Philip Kaus Jan 1999

The Midwest Feeds Consortium: Final Report, Anthony C. Ostrowski, Paul Brown, Rolando A. Flores, Robert C. Summerfelt, Keith Heffernan, Philip Kaus

CARD Staff Reports

The strategic intent of the Midwest Feeds Consortium (MFC) was to decrease the dependence of the U.S. agriculture and aquaculture feed industries on imported marine protein meals and to increase the utilization and export of plant and animal coproduct protein meals to the international aquaculture industry. Replacement of marine meals in feeds traditionally dependent on these protein sources with grains, oilseed, and animal coproduct protein meals common to the U.S. Midwest would be accomplished through innovative, value-added ingredient processing technology. Through systematic, integrated, industry-directed research to develop ingredient composition, quality, digestibility, and economic values, the U.S. and ...


The World Food And Agricultural Situation - A U.S. Perspective, Clayton K. Yeutter Jan 1999

The World Food And Agricultural Situation - A U.S. Perspective, Clayton K. Yeutter

Clayton K. Yeutter, U.S. Secretary of Agriculture Papers

It is a pleasure to be here in Minnesota at this year's Global Food and Agriculture Summit. And it is a special pleasure to share the podium today with lots of long-time friends, many of whom have forever been associated with American agriculture. would like to focus today on what kind of future might be ahead of us all as we contemplate the excitement of entering a new century. As we look back, we can only conclude that the 20th century was mighty exciting too, and assuredly challenging from an agricultural policy standpoint.


Fapri 1999 World Agricultural Outlook, Bruce A. Babcock, John C. Beghin, Samarendu Mohanty, Frank Fuller, Sudhir Chaudhary, Jacinto F. Fabiosa, Karen Kovarik, Chad Hart, Cheng Fang, Philip Kaus, Manta Naik, Abner W. Womack, Robert E. Young Ii, Gregg Suhler, Patrick C. Westhoff, Joe Trujillo, D. Scott Brown, Gary M. Adams, Brian Willott, Wyatt Thompson, Daniel Madison, Seth Meyer, Russell C. Mills, Peter T. Zimmel, Vernon Lansford, John Kruse Jan 1999

Fapri 1999 World Agricultural Outlook, Bruce A. Babcock, John C. Beghin, Samarendu Mohanty, Frank Fuller, Sudhir Chaudhary, Jacinto F. Fabiosa, Karen Kovarik, Chad Hart, Cheng Fang, Philip Kaus, Manta Naik, Abner W. Womack, Robert E. Young Ii, Gregg Suhler, Patrick C. Westhoff, Joe Trujillo, D. Scott Brown, Gary M. Adams, Brian Willott, Wyatt Thompson, Daniel Madison, Seth Meyer, Russell C. Mills, Peter T. Zimmel, Vernon Lansford, John Kruse

FAPRI Staff Reports

The Food and Agricultural Policy Research Institute (FAPRI) prepares baseline projections each year for the U.S. agricultural sector and international commodity markets. FAPRI projections assume average weather patterns worldwide, existing policy and policy commitments under existing trade agreements, but do not make conjectures on likely reforms such as the European Union’s (EU) “Agenda 2000” or the forthcoming round of the World Trade Organization (WTO).


Comparative Corporate Governance And The Theory Of The Firm: The Case Against Global Cross Reference, William W. Bratton, Joseph A. Mccahery Jan 1999

Comparative Corporate Governance And The Theory Of The Firm: The Case Against Global Cross Reference, William W. Bratton, Joseph A. Mccahery

Faculty Scholarship at Penn Law

Professors Bratton and McCahery take up the main questions addressed by the literature on comparative corporate governance: whether national governance systems can be expected to converge in the near future, and whether the focal point of that convergence will be a new, hybrid governance system comprised of the best practices drawn from different systems. This Article advances the view that neither global convergence that eliminates systemic differences nor the emergence of a hybrid best practice safely can be projected because each national governance system is a system to a significant extent. Each system, rather than consisting of a loose collection ...


The Exchange Rate Mechanism And The Ruble Devaluation Of 1998, Philip Porter Jan 1999

The Exchange Rate Mechanism And The Ruble Devaluation Of 1998, Philip Porter

University Avenue Undergraduate Journal of Economics

I will first examine what I see as the common sense fundamentals of the exchange rate mechanism, noting as I go, the relationship with the current Russian crisis. In my examination, I will take the simplest approach, assuming free trade, unrestricted capital movements and negligible transaction costs. Concluding, I will delve into the quagmire of the Russian situation.


When Is Transition Over?, Annette N. Brown Jan 1999

When Is Transition Over?, Annette N. Brown

Upjohn Press

The transition process in which a country moves from a planned economy to a market economy offers a unique opportunity for economists and policymakers to observe and understand the effects of major institutional, legal, and political changes on economic systems. But one feature of the process that has not been considered until now is when is the process over? When has a transition progressed far enough to ensure that a market system will survive and mature? Are there institutional, economic, and political standards that countries reach that measure the level of transition attained or, indeed, show that they have completed ...