IS THE EFFICACY OF AGRICULTURAL PROMOTION PROGRAMS OVERESTIMATED? THE IMPORTANCE OF DYNAMICS IN ADVERTISING DEMAND SYSTEMS

This article outlines the shortcomings of current techniques to assess the effectiveness of agricultural commodity promotion campaigns; particularly their neglect of the dynamic nature of the underlying demand system. The dynamics that affect advertising effectiveness over time are illustrated, and the importance of cointegration in commodity markets is outlined. A dynamic, error-correction Almost Ideal Demand System is developed to accommodate the aforementioned dynamics and this model is applied to US meat data. Short and long-run elasticities for the dynamic model using Stone's price index are derived and estimated. The article also includes a discussion of the use of elasticities in policy decisions.Marketing,

Food Aid and the WTO: Can New Rules Be Effective?

A new Agreement on Agriculture from the Doha Development Agenda negotiations is certain to contain binding rules on food aid shipments. Negotiating parties are concerned that food aid has been used as a form of export competition policy, and they seek the use of coercive WTO legislation to prevent the disposal of surplus agricultural commodities as food aid. Current Uruguay Round food aid guidelines are contrasted with the most recent Doha Development Agenda proposals, and the prospective effectiveness of new rules is assessed. Food aid rules will be difficult to enforce within the WTO’s Dispute Settlement Understanding. Also, exogenous policy changes in donor countries are reducing the relevance of rules that target food aid as a means of surplus disposal. The future of international food aid governance in the event of a Doha Round collapse is also discussed.agricultural trade, development economics, export competition, food aid, WTO, Food Security and Poverty, International Relations/Trade, O13, O19, Q17, F13,

THE IMPLICATIONS OF THE WTO NEGOTIATIONS ON THE CANADIAN CHICKEN MARKET: TWO REPRESENTATIONS OF CHICKEN AND STOCHASTIC WORLD PRICES

Current Doha Development Agenda (DDA) World Trade Organisation negotiations include proposals that would affect the trade barriers that protect Canada’s chicken producers from foreign competition. This research analyses the effects of the most recent proposals to emerge from the DDA negotiation on Canada’s chicken industry. We develop a partial-equilibrium model that generates welfare effects for the Canadian chicken industry supply chain. We also introduce stochastic prices to evaluate the effects of world price instability on the Canadian chicken industry. The model is also adapted to represent chicken as two distinct products; white meat and dark meat. Simulation results suggest that the welfare effects of the DDA proposals on the Canadian chicken industry would be small, providing that chicken receives the sensitive products designation. Liberalisation leads to higher total welfare in the chicken industry, which is accounted for by consumer welfare that increases by a larger amount than producer welfare decreases. These results hold across models that incorporate risk and that differentiate products.WTO, chicken, Canada, model, trade, Agricultural and Food Policy, Demand and Price Analysis, International Relations/Trade,

The effects of the TRIPS Agreement on international protection of intellectual property rights

Draft version ‐ final version forthcoming in International Trade JournalInternational Relations/Trade,

High Food Prices and Developing Countries: Policy Responses at Home and Abroad

food aid, trade, policy, Agricultural and Food Policy, Food Security and Poverty, International Relations/Trade,

Multilateral Trade Liberalisation and FDI: An Analytical Framework for the Implications for Trading Blocs

The proliferation of regional integration agreements (RIAs) over the past several years has led to significant changes in the global configuration of trade and investment activity. Multinational enterprises now face the prospect of multilateral trade liberalisation that could significantly affect the foreign direct investment (FDI) incentive structures that were established within the range of current RIAs. RIAs that provide preferential market access to member countries modify firms’ incentives to undertake FDI activities and can lead to various permutations of trade and investment creation and diversion. This article provides an analytical framework for understanding the implications of multilateral trade liberalisation for the incentive structures of firms to conduct FDI and discusses how multilateral liberalisation could undo many of the FDI activities that were initiated in response to previous RIAs.foreign direct investment, incentives, multilateral trade liberalisation, regional integration agreements, Demand and Price Analysis, Financial Economics, International Relations/Trade, Political Economy,

Food Aid as Surplus Disposal? The WTO, Export Competition Disciplines and the Disposition of Food Aid

The empirical investigation suggests that there exists an endogenous relationship between subsidy/credit shipments and food aid for wheat in the US. The empirical VAR demonstrates a contemporaneous increase in food aid shipments as alternative vents constrict. This result suggests that a trade agreement that disciplines export subsidies and credits may put upward pressure on food aid shipments as agricultural exporters vent the pressure of their domestic surpluses. The empirical results suggest that in the US wheat market the effects are not large. The same phenomenon has been noted in the case of skim milk powder by Margulis; skim milk powder would provide another interesting empirical case, were the data available.Food Security and Poverty,

Food Aid as Surplus Disposal? The WTO, Export Competition Disciplines and the Disposition of Food Aid

Food Security and Poverty, International Relations/Trade,

Representations of sport in the revolutionary socialist press in Britain, 1988–2012

This paper considers how sport presents a dualism to those on the far left of the political spectrum. A long-standing, passionate debate has existed on the contradictory role played by sport, polarised between those who reject it as a bourgeois capitalist plague and those who argue for its reclamation and reformation. A case study is offered of a political party that has consistently used revolutionary Marxism as the basis for its activity and how this party, the largest in Britain, addresses sport in its publications. The study draws on empirical data to illustrate this debate by reporting findings from three socialist publications. When sport did feature it was often in relation to high profile sporting events with a critical tone adopted and typically focused on issues of commodification, exploitation and alienation of athletes and supporters. However, readers’ letters, printed in the same publications, revealed how this interpretation was not universally accepted, thus illustrating the contradictory nature of sport for those on the far left