Found 4 article(s) for author 'Agriculture and Agribusiness Industry'

Understanding Agricultural Price Range Systems as Trade Restraints: Peru – Agricultural Products

Understanding Agricultural Price Range Systems as Trade Restraints: Peru – Agricultural Products. Mark Wu, April 2016, Paper. “An agricultural price range system (PRS) aims to stabilize local prices in an open economy via the use of import duties that vary with international prices. The policy is inherently distortionary and welfare-reducing for a small open economy, at least according to the canonical economic model. We offer an explanation for why a government concerned with national welfare may nevertheless implement such a policy when faced with risk aversion and imperfect insurance markets. We also highlight open questions arising out of the Peru – Agricultural Products dispute for the WTO’s Appellate Body to address in order to clarify how a PRS consistent with WTO rules could be designed.Link

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How Does Risk Management Influence Production Decisions? Evidence from a Field Experiment

How Does Risk Management Influence Production Decisions? Evidence from a Field Experiment. Shawn Cole, September 9, 2014, Paper. “Weather is a key source of income risk for many firms and households, particularly in emerging market economies. This paper studies how an innovative risk management instrument for hedging rainfall risk affects production decisions among a sample of Indian agricultural firms, using a randomized controlled trial approach. We find that the provision of insurance induces farmers to shift production towards higher-return but higher-risk cash crops…” Link verified August 21, 2014

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Bio-Piracy or Prospering Together? Fuzzy Set and Qualitative Analysis of Herbal Patenting by Firms

Bio-Piracy or Prospering Together? Fuzzy Set and Qualitative Analysis of Herbal Patenting by Firms. Prithwiraj Choudhury, Tarun Khanna, February 28, 2014, Paper. “Since the 1990s, several Western firms have filed patents based on medicinal herbs from emerging markets, evoking protests from local stakeholders against ‘bio-piracy’. We explore conditions under which firms and local stakeholders share rents from such patents. Our theoretical model builds on two distinct strategy literatures: firms appropriating rents from new technologies and firms managing stakeholders…” Link Verified October 12, 2014

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Seeding Growth in the Democratic Republic of the Congo

Seeding Growth in the Democratic Republic of the Congo. Ray Goldberg, December, 2013, Case. “By 2013, the agricultural sector in the Democratic Republic of the Congo (DRC) had long suffered from war, political instability, and dilapidated infrastructure. A country with 75 million inhabitants and the second lowest GDP per capita in the world in 2011, the DRC’s most pressing task was to grow its agriculture sector and cultivate its 80 million hectares of fertile land. This case explores how a developing country could create a comprehensive strategy to implement the necessary institutional, political, and social frameworks needed to support sustainable agricultural developments and rise out of long-term poverty…” May require purchase or user account. Link verified June 19, 2014

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