Predicting the poverty impacts of trade reform

An important area of research in recent years involves assessing the microeconomic implications of macro-level policies-particularly those related to international trade. While a wide range of research methodologies are available for assessing the microeconomic incidence of micro-policies, as well as for assessing the effect of macro-level policies on markets and broad groups of households, there is a gap when it comes to eliciting the disaggregated household and firm level effects of trade policies. Recent research addresses this knowledge gap and the present survey offers an overview of this literature. The preponderance of the evidence from the studies encompassed by this survey points to the dominance of earnings-side effects over consumption-side effects of trade reform. This is problematic, since household surveys are notable for their underreporting of income. From the perspective of the poor, it is the market for unskilled labor that is most important. The poverty effects of trade policy often hinge crucially on how well the increased demand for labor in one part of the economy is transmitted to the rest of the economy by way of increased wages, increased employment, or both. Further econometric research aimed at discriminating between competing factor mobility hypotheses is urgently needed.Health Economics&Finance,Environmental Economics&Policies,Economic Theory&Research,Labor Policies,Payment Systems&Infrastructure,Environmental Economics&Policies,Economic Theory&Research,Poverty Assessment,Achieving Shared Growth,Health Economics&Finance

INCORPORATING COMMODITY STOCKHOLDING BEHAVIOR INTO A SHORT-RUN GENERAL EQUILIBRIUM MODEL OF THE GLOBAL ECONOMY

This paper incorporates commodity stockholding into a short run, stochastic global general equilibrium model. A mix of econometric and calibration techniques are used to reconcile model outcomes with historical stockholding and price behavior. The resulting framework is useful for analyzing policies in the short run or presence of production variability.Agribusiness,

TRADE POLICY, FOOD PRICE VARIABILITY, AND THE VULNERABILITY OF LOW-INCOME HOUSEHOLDS

We utilize a global trade model to generate distributions of commodity and factor prices based on observed uncertainty in rice production. This is done for three trade policy regimes. We then assess their impact on domestic price variability and the likelihood of marginal households falling into poverty in four countries.Food Security and Poverty, International Relations/Trade,

Varactor diodes for millimeter and submillimeter wavelengths

Whisker-contacted GaAs Schottky barrier varactor diodes are the most common high-frequency multiplier element in use today. They are inherently simple devices that have very high frequency response and have been used to supply local oscillator power for Schottky heterodyne receivers to frequencies approaching 700 GHz. This paper discusses the development of improved varactor diode technology for space based applications at millimeter and submillimeter wavelengths

Economic Evaluation of Wind Energy as an Alternative to Natural Gas Powered Irrigation

High natural gas prices have agricultural producers searching for alternative energy sources for irrigation. The economic feasibility of electric and hybrid (electric/wind) systems are evaluated as alternatives to natural gas powered irrigation. Texas Panhandle and Southern Kansas farms are assessed with a quarter-mile sprinkler system, three crops, and two pumping lifts. Breakeven points identify the price at which conversion from a natural gas irrigation system to an electric or hybrid system is cost effective. Results indicate electricity is a more feasible energy source for irrigation and policy changes such as net metering are necessary to make hybrid systems viable.electricity, irrigation, natural gas, wind energy, Agribusiness, Community/Rural/Urban Development, Environmental Economics and Policy, Farm Management, International Development, Land Economics/Use, Research and Development/Tech Change/Emerging Technologies, Resource /Energy Economics and Policy, Q12, Q20, Q42,