2,576 research outputs found

    Meta-Regression Estimates for CGE Models: A Case Study for Input Substitution Elasticities in Production Agriculture

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    The selection of appropriate parameters for computable general equilibrium (CGE) models critically affects the results of applied economic modeling exercises. Valid and reliable parameter selection models are needed, and typically comprise direct estimation, expert opinion, or copycatting of results from seminal studies. The purpose of this study is to use meta-analysis to summarize and more accurately estimate elasticities of input substitution, specifically between labor and other inputs in agricultural production. We construct a comprehensive database of elasticity estimates through an extensive literature review, and perform a meta-regression analysis to identify structural sources of variation in elasticity estimates sampled from primary studies. The use of meta-analysis contributes to improved baseline analysis in CGE simulations because it allows for the computation of input parameters tailored to a specific CGE model setup. We correct for variations in research design, which are typically constant within studies, and account for bias associated with undue selection effects associated with editorial publication decision processes. Improved accuracy and knowledge of the distribution of imputed input parameters derived from a meta-analysis contributes to improved performance of CGE sensitivity analyses.meta-analysis, cross-price elasticity, input substitu¬tion, agricultural production, CGE parameters, Demand and Price Analysis, C13, C68, Q13,

    Agriculture and the World Trade Organization: Does Membership Make a Difference?

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    Recent empirical studies have estimated the trade flow effect of membership in the World Trade Organization (WTO) and its predecessor, the General Agreement on Tariffs and Trade (GATT). One important, although largely untested, conclusion from this literature is that the GATT/WTO has worked well if we ignore trade in agriculture – one of the institution’s seemingly apparent failures. This article investigates this conclusion using a large panel of agricultural and non-agricultural trade flows, the latter of which serves as our benchmark. The results are impressive: the multilateral institution has delivered significant positive effects on members’ agricultural trade relative to trade between non-members. Further, despite their special and differential treatment, membership has provided important trade flow benefits for developing and least-developed country agricultural exports. These findings are robust across a large number of specifications and slices of the data. Although there are few sectors as politically sensitive, participation in the GATT/WTO appears to be a significant determinant of agricultural trade flows.WTO, membership, trade, Agricultural and Food Policy, International Development, International Relations/Trade, Political Economy,

    Does the World Trade Organization Promote Trade? An Empirical Assessment of Agricultural and Non‐Agricultural Trade Flows

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    In this paper we ask whether the GATT/WTO has actually failed to increase members’ agricultural trade. Surprisingly, there is very little empirical econometric support to shed light on this question despite the fact that agricultural trade is often at the forefront of multilateral negotiations. We address this issue by considering GATT/WTO effects across agricultural and non‐agricultural sectors. Despite much ‘hoopla and hype’ that the GATT/WTO has done nothing to boost members’ agricultural trade, our results suggest that the multilateral institution has delivered significant positive effects on agricultural trade over the period 1980‐2004. Moreover, in many cases the trade flow effect of membership in the GATT/WTO exceeds that of non‐agriculture, merchandise trade. The results have important policy implications when one considers the growing body of literature that often presumes that the GATT/WTO has done nothing to stimulate members' agricultural trade.International Relations/Trade,

    Assessing Domestic Demand for Organic and ‘Locally Grown' Produce on An ‘Organic Island': Dominica's Dilemma

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    The economy of Dominica faces a unique set of challenges. As with many other Caribbean nations, Dominica has historically been dependent upon agriculture. Over the past several hundred years, the island's economy has been largely supported through the concentrated mono-cropping of a variety of export-oriented crops including coffee, limes, vanilla, and bananas (FAVACA, 2008). Today, approximately 45% of Dominica's labor force is employed in the agricultural sector (FAVACA, 2008). While neighboring countries have economically benefited from tourism, due to its lack of white sand beaches, Dominica is not a typical tourist destination. Taking advantage of its landscape, rainforests, and diversity of natural wildlife, in an effort to diversify its economy Dominica has instead catered to eco-/wellness tourists. Bridging its agricultural foundations with the ecological preservation needed to support its tourist industry, the government of Dominica has signaled its interest in transforming Dominica into an Organic Island (‘Organic Dominica') by 2015. Through this initiative, sustainable, organic agricultural production methods will be encouraged. Complementing this, a ‘Buy Organic, Locally Grown' campaign has been proposed to encourage domestic and regional consumption of Dominica's agricultural outputs and food products. As such, ‘Organic Dominica' has the potential to simultaneously address ongoing national concerns surrounding food security, foreign exchange availability, domestic un/underemployment, and environmental preservation. Before and since proposing this policy, surveys were conducted to identity the major stakeholders in (organic) agricultural production, and current and potential markets for organic production. It remains, however, to quantify Dominica's capacity to produce organic goods, the scale of the potential market, and the price premia that organic production could command. This information is critical to determining the appropriate initial level of producer support and marketing programs required to successfully promote the production and consumption of Dominica's organic outputs and propel Dominica toward the desired status of a model ‘Organic Island'.contingent valuation, willingness to pay, Caribbean, organic, locally grown, food, Agricultural and Food Policy, International Development, Marketing, O13, O54, Q01, Q13, Q18,

    ECONOMIC REPLACEMENT OF A HETEROGENEOUS HERD

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    A model was developed and used to determine the optimal slaughter weights of pigs with heterogeneous growth raised in a 1,000 head barn and marketed in truckload groups. Explicitly recognizing the heterogeneity of pig weights and marketing the herd over time in truckload batches can substantially increase profit.Marketing,

    Progress through partnership: Providing Holistic Services VIA SERVICE LEARNING to Benefit Students, the University and the Community

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    poster abstractIn 2012, the presenters developed a new service learning opportunity through an interdisciplinary partnership between the schools of Law and Social Work. The purpose of the project was to enhance the joint JD/MSW program, as well as the experiences of JD and MSW students respectively. The presenters redesigned a Civil Practice Clinic, which had formerly involved only law students, to now pair law students and social work students in order to serve the holistic needs of clients. Referrals for the clinic are obtained through a variety of partner referrals. All of the clinic’s clients do not have the resources to retain legal counsel or services by other means. The law students address the clients’ legal issues and the social work students ensure the clients are connected with appropriate social services, such as domestic violence counseling and social welfare benefits. The teamwork between students increases law students’ aptitude in client-centered lawyering, and familiarizes social work students with the legal rights and resources available to clients. The presenters have adapted pedagogies of engagement, most notably through problem-based and peer-led interdisciplinary team teaching and learning. Students more effectively and efficiently serve community members in need of legal counsel and social services, resulting in a clinic that is beneficial for both students and community members. The partnership resulted after years of witnessing law students struggle with interpersonal skills how to handle client emotions (and a perceived inability to help connect to services) while social work students struggled with an awareness of the law, litigation process/strategy and the roles/responsibilities involved in legal case management. Key to this partnership was not only the development of the interdisciplinary model and structure, but also assessing both disciplines and the success of the pairings. Quantitative data is gathered through an interpersonal skills survey pretest and posttest research design, and qualitative data is gathered through a survey of open ended questions. All students were given the same questions, and responses were anonymous, with surveys administered by a third party. Using the generated responses, the presenters reformat the course each semester based upon feedback, as well as promote the use of this sort of model to other institutions and at various conferences. Other interdisciplinary partnerships are also explored based on student feedback, client and clinic needs. The initial surveys focused on a main goal of increasing law students’ interpersonal skills – as far too often law students’ focus is on the legal tasks and not the human components of interactions with clients. Data analysis found a statistically significant improvement in law students’ interpersonal skills, and level of comfort in dealing with clients in emotional situation. The second round of surveys have been submitted to both disciplines and hope to show two increases: 1) that the law students’ interpersonal skills maintain improvement; and 2) that social work students have a better understanding of the law and legal processes via their participation in the interdisciplinary clinic

    Social Work and Law: The Educational Benefits of Collaboration

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    poster abstractLow income clients seeking civil legal services are rarely in need of only legal assistance. Instead, the issues that drove them to seek an attorney typically overlap into multiple mental health and social service needs. The poster will explain how a newly piloted clinical partnership between the School of Social Work and the School of Law improved the educational outcomes of students, and also enhanced the services offered to clients. The clinic historically served the legal needs of low income clients in Indianapolis. In 2012, an interdisciplinary collaboration involving law and social work students and faculty from both fields was implemented in order to provide holistic services to clients. The poster will describe the model, including how the clinic is structured and the roles for students and faculty. Preliminary data on the educational benefits for both law and social work students will be provided. The clinic has been found to address both student learning needs and the needs of clients in the local community

    Tuning the electrical conductivity of nanotube-encapsulated metallocene wires

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    We analyze a new family of carbon nanotube-based molecular wires, formed by encapsulating metallocene molecules inside the nanotubes. Our simulations, that are based on a combination of non-equilibrium Green function techniques and density functional theory, indicate that these wires can be engineered to exhibit desirable magnetotransport effects for use in spintronics devices. The proposed structures should also be resilient to room-temperature fluctuations, and are expected to have a high yield.Comment: 4 pages, 6 figures. Accepted in Physical Review Letter
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