Examine the integration between U.S. and Mexican cantaloupe and watermelon prices using cointegration and error correction model approach. Cointegration analysis shows significant post-2002 improvement in market integration, particularly in the speed at which the market adjusts to departures...

This study empirically investigates the effects of structural reforms on bilateral trade flows of agricultural products. Specifically, the study jointly analyzes the impacts of three different reforms including financial reform, trade reform, and agricultural reform on agricultural trade. The...

This study analyzes the impacts of cultural distance on bilateral trade flows in the Western Hemisphere using a Fixed Effects Vector Decomposition (FEVD). Four cultural dimensions of Hofstede are used to capture cultural distance. The results found that the effects of each dimension vary...

This study empirically investigates the possible link between financial development and international agricultural trade using binomial models of the gravity equations. Financial development is measured by a constructed financial reforms index. The results provide some evidence on the positive...

Financial development has been argued as a potential source of comparative advantage and its relationships with trade has been theoretically developed. This theory posits that countries that are well financially developed should experience greater volumes of international trade. We empirically...

The United States dairy industry is heavily dependent on foreign labor. Current and newly proposed U.S. immigration policies have been appointed to disrupt the agricultural labor availability, especially that of hired foreign labor. A national survey of dairy farmers across herd sizes and...

Foreign labor has become increasingly important component of U.S. agriculture. Disruption in the supply of agricultural labor has been argued to significantly affect agricultural production. This study analyzes the impacts of foreign labor shortages on the dairy industry using national survey...

This paper estimates import demand functions for red meat and live cattle and investigates the impact of BSE and the trade ban on Canadian Cattle and beef on U.S. import demand elasticity using an error correction model (ECM). The results show that beef, pork, and live cattle were price...

This study analyzes the impacts of domestic and trade policy changes on the soybean complex using a Stochastic Equilibrium Displacement Model (SEDM). Three different policies, Loan Deficiency Payments (LDP), transportation costs and export taxes are considered in the analysis. The results...