The effects of climate change on agriculture raise major food security concerns. We use a global economy-wide model to assess the effects on farm product prices of expected yield changes. Also modelled is an expected adverse effect of higher temperatures and humidity in the tropics on the...

Economists are now familiar with “between” and “within” group inequality decompositions, for race, gender, spatial units, etc. But what exactly is the normative significance of the empirical results produced by these decompositions? This paper raises some basic questions about policy...

For decades, earnings from farming in many developing countries have been depressed by a pro-urban bias in own-country policies, as well as by governments of richer countries favouring their farmers with import barriers and subsidies. Both sets of policies reduced global economic welfare and...