The primary purpose of this paper is to provide updated estimates of domestic own-price, cross-price and income elasticities of demand and estimated price elasticities of supply for various California commodities. Flexible functional forms including the Box-Cox specification and the nonlinear...

After several years of informal and formal negotiations, South Korea and the United States reached an agreement to move towards free trade in April 2007. Currently, both countries await congressional approval before the agreement can be implemented. This study explains the substance of the...

California’s nursery and floral industry is the largest in the United States with a farm value for product sales totaling $3.78 billion in 2009. When floral and nursery product sales are combined, the industry ranks second among all California agricultural products, following the dairy...