Antifreeze in toothpaste and melamine-tainted infant formula have raised concerns about the quality and safety of imports into the US to unprecedented levels. However, the Food and Drug Administration (FDA) cannot inspect all imports, so their inspections are path-dependent (Baylis et al., 2009)...

This paper focuses on the U.S. agricultural trade against the remaining of the world. The dynamic ARDL model of error correction version is applied, not only investigating if there is J-curve effect in the short-run or not, but also taking a deep analysis for U.S. recession effects and exchange...

This paper examines the impact of a change in the advertising tax on prices, output, and welfare. Results show that a supply shift alone (i.e., advertising is ineffective and hence there is no demand shift) will result in higher retail prices, lower farm output, higher retail-farm price ratios,...