DOMESTIC SUPPORT AND WTO NEGOTIATIONS FROM DEVELOPING COUNTRIES' PERSPECTIVES

International Relations/Trade,

TESTS OF MONETARY NEUTRALITY ON FARM OUTPUT

According to the monetary neutrality hypothesis, only the unanticipated money supply growth has impacts on real economic variables, and the anticipated money supply growth has no real impacts. The monetary neutrality hypothesis is tested on real farm output. The test procedure involves joint estimation of farm output and the money growth equation. The empirical results show that the anticipated money supply growth does have significant effects on farm output and, thus, do not support the monetary neutrality hypothesis.Financial Economics,

Contributions of Immigrant Farmworkers to California Vegetable Production

A major concern with immigrants coming into the United States is that they adversely affect domestic workers through job competition and wage depression.We study the displacement and wage reduction effects of immigrants in California vegetable production, which is labor intensive, and 95% of the farmworkers in California are immigrants. Our findings show that this concern is not valid in vegetable production because the addition of one new immigrant displaces only 0.0123 domestic workers, and wage reduction is inconsequential. But one immigrant worker increases the vegetable production by $23,457 and augments the productivity of skilled workers, material inputs, and capital by$11,729.employment displacement, immigrant labor, vegetable production, wage effect, Agribusiness, Crop Production/Industries, Food Consumption/Nutrition/Food Safety, Production Economics, Productivity Analysis, J43, J61,

Efficient Land Tenure Contract Under Asymmetric Information

Land Economics/Use,

Diagonalizing the genome II: toward possible applications

In a previous paper, we showed that the orientable cover of the moduli space of real genus zero algebraic curves with marked points is a compact aspherical manifold tiled by associahedra, which resolves the singularities of the space of phylogenetic trees. In this draft of a sequel, we construct a related (stacky) resolution of a space of real quadratic forms, and suggest, perhaps without much justification, that systems of oscillators parametrized by such objects may may provide useful models in genomics.Comment: 11 pages, 3 figure

Is the U.S. Import Tariff on Brazilian Ethanol Justifiable?

The United States has used tax credits and mandates to promote ethanol production. To offset the tax credits received by imported ethanol, the United States instituted an import tariff. This study provides insights about the quantitative nature of a U.S. trade policy that would establish a free-market price for ethanol, given the U.S. ethanol mandate and tax credit. The theoretical results from a horizontally related ethanol-gasoline partial equilibrium model show that the United States should provide an import subsidy rather than impose a tariff. The empirical results quantify that this import subsidy is 9 cents, instead of a 57 cent import tariff, per gallon of ethanol.ethanol imports, mandate, subsidy, tariff, tax credit, International Relations/Trade, Resource /Energy Economics and Policy,