International Cross Section Estimates of Demand for Use in the GTAP Model (2004)
Reimer, Jeffrey J, Hertel, Thomas W
The making of projections often requires an economy-wide perspective, and the estimation of consumer demands at the international level. In this paper, an implicit, directly additive demand system...
The Earnings Effects of Multilateral Trade Liberalization: Implications for Poverty (2004)
Hertel, Thomas W., Ivanic, Maros, Preckel, Paul V., Cranfield, John A. L.
Most researchers examining poverty and multilateral trade liberalization have had to examine average, or per capita effects, suggesting that if per capita real income rises, poverty will fall. This...
Developing Countries and a New Round of WTO Negotiations (2002)
Hertel, Thomas W., Hoekman, Bernard M., Martin, Will
This article summarizes some of the results and findings emerging from an ongoing World Bank research and capacity‐building project that focuses on the World Trade Organization (wto)...
The cost of rich (and poor) country protection to developing countries (2001)
Anderson, Kym, Dimaranan, Betina, Francois, Joseph F., Hertel, Thomas W., Hoekman, Bernard, Martin, Will
Copyright © 2001 Centre for the Study of African Economies
The cost of rich (and poor) country protection to developing countries (2001)
Anderson, Kym, Dimaranan, Betina, Francois, Joseph F., Hertel, Thomas W., Hoekman, Bernard, Martin, Will
Copyright © 2001 Centre for the Study of African Economies
2001 Developing countries and a new Round of WTO negotiations (2001)
Thomas W. Hertel, Bernard M. Hoekman, Will Martin
This article summarizes some of the results and findings emerging from an ongoing World Bank research and capacity-building project that focuses on the World Trade Organization (WTO) negotiating...
Agriculture and Non-agricultural Liberalization in the Millennium Round (2000)
Hertel, Thomas W, Anderson, Kym, Francois, Joseph F, Martin, Will
Published in "Agriculture and the New Trade Agenda From a Development Perspective", edited by M. D. Ingco and L. A. Winters, Cambridge and New York: Cambridge University Press Much remains to be done...
Agriculture And Non-Agricultural Liberalization In The Millennium Round (2000)
Thomas W. Hertel, Thomas W. Hertel, Kym Anderson, Kym Anderson, Joseph F. Francois, Joseph F. Francois, ...
Much remains to be done before agricultural trade is as liberal as world trade in manufactures. But agriculture is distorted by more than agricultural policies. In developing countries especially,...
Future Directions in Global Trade Analysis (1999)
This paper discusses future directions in global trade analysis from the perspective of the Global Trade Analysis Project (GTAP) network. The first section offers a projection of where the GTAP...
Applied General Equilibrium Analysis of Agricultural and Resource Policies (1999)
This paper reviews the literature on applied general equilibrium analysis of agricultural and resource policies. It begins with an historical overview, followed by an assessment of the benefits of...
Policy Discussion Paper (1999)
Thomas W. Hertel, Thomas W. Hertel, Kym Anderson, Kym Anderson, Joseph F. Francois, ...
Much remains to be done before agricultural trade is as liberal as world trade in manufactures. But agriculture is distorted by more than agricultural policies. In developing countries especially,...
Changes in the Structure of Global Food Demand (1998)
Cranfield, John A L, Hertel, Thomas W, Eales, James S, Preckel, Paul V
A newly developed demand system is used to estimate the response of food and food product demand to per capita expenditure changes. The resulting Engel elasticities are then used to project food and...
The Uruguay Round and Africa: a Global, General Equilibrium Analysis (1998)
Hertel, Thomas W., Masters, William A., Elbehri, Aziz
Using a 10-region, 12-sector model of the global economy, projected forward to 2005 with and without implementation of the Uruguay Round (UR) trade agreements, we confirm earlier expectations that...
HERTEL, THOMAS W., BROCKMEIER, MARTINA, SWAMINATHAN, PADMA V.
The impacts of an EU enlargement to include the seven Central and Eastern European Countries (CEEC-7: Hungary, Poland, Slovenia, the Czech and Slovak Republics, Bulgaria and Romania) are analysed...
General equilibrium analysis of supply control in US agriculture (1991)
HERTEL, THOMAS W., TSIGAS, MARINOS E.
This paper provides a general equilibrium analysis of several alternative supply control measures currently employed (or proposed) for US agriculture. Results confirm that acreage controls generate...
Growth, globalization, and gains from the Uruguay Round
Hertel, Thomas W., Bach, Christian F., Dimaranan, Betina, Martin, Will
Emphasizing the importance of evaluating the Uruguay Round in the context of a changing world economy, the authors base their projections on a model that incorporates certain economic shifts: 1) that...
Poverty impacts of a WTO agreement : synthesis and overview
Hertel, Thomas W., Winters, L. Alan
This paper reports on the findings from a major international research project investigating the poverty impacts of a potential Doha Development Agenda (DDA). It combines in a novel way the results...
Estimates of Systematic Reporting Biases in Trade Statistics.
Tsigas, Marinos E, Hertel, Thomas W, Binkley, James K
Trade statistics are thought of as unreliable because often there are at least two quite different figures for the same transaction. This paper reports on a statistical procedure for quantifying the...
EUROPEAN UNION ENLARGEMENT: WHAT ARE THE AGRICULTURAL TRADE MODELS MISSING?
Padma V. SWAMINATHAN, Thomas W. HERTEL, Martina BROCKMEIER
This paper quantifies the potential impact of European Union enlargement and the consequences of ignoring the non-agricultural component of this integration. We find that agriculture-focused studies...
Predicting the poverty impacts of trade reform
Hertel, Thomas W., Reimer, Jeffrey J.
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...
The Earnings Effects of Multilateral Trade Liberalization: Implications for Poverty
Thomas W. Hertel, Maros Ivanic, Paul V. Preckel
Most researchers examining poverty and multilateral trade liberalization have had to examine average, or per capita effects, suggesting that if per capita real income rises, poverty will fall. This...
Hertel, Thomas W., Maros Ivanic, Paul Preckel, John Cranfield
Poverty reduction is an increasingly important consideration in the deliberations over multilateral trade liberalization. However, the analytical procedures used to assess the impacts of multilateral...
Distributional effects of WTO agricultural reforms in rich and poor countries
Thomas W. Hertel, Roman Keeney, Maros Ivanic, L. Alan Winters
"Rich countries' agricultural trade policies are the battleground on which the future of the WTO's troubled Doha Round will be determined. Subject to widespread criticism, they nonetheless appear to...
Mending the Family Tree: A Reconciliation of the Linearization and Levels Schools of CGE Modelling
Thomas W. Hertel, J. Mark Horridge, K. R. Pearson
This paper offers a critical comparison between the North American levels school of applied general equilibrium modelling and the Norwegian/Australian school of linearizers. The paper develops both...
A Survey of Findings on the Poverty Impacts of Agricultural Trade Liberalization
The purpose of this survey is to review the available empirical evidence on the impacts of agricultural trade liberalization on poverty – considering both the impact of domestic and international...
Assessing the Impact of China's WTO Accession on Foreign Investment?
Terry L. Walmsley, Thomas W. Hertel, Elena Ianchovichina
During the 1990’s, rapid growth in China was accompanied by strong growth in foreign direct investment (FDI). FDI continued to grow until 1997 when it leveled off. It is clear that in 1998, under...
Distributional effects of WTO agricultural reforms in rich and poor countries
Hertel, Thomas W., Keeney, Roman, Ivanic, Maros, Winters, L. Alan
Rich countries'agricultural trade policies are the battleground on which the future of the WTO's troubled Doha Round will be determined. Subject to widespread criticism, they nonetheless appear to be...
Changes in the Structure of Global Food Demand
Cranfield, John, James Eales, Thomas W. Hertel, Paul Preckel
May 1998 Purdue AGEC Staff Paper #98-5 A newly developed demand system is used to estimate the response of food and food product demand to per capita expenditure changes. The resulting Engel...
Understanding the Determinants of structural Change in World Food Markets
Coyle, William T., Mark Gehlhar, Thomas W. Hertel, Zhi Wang, Wusheng Yu
American Journal of Agricultural Economics, 80(December):1052-1062. This study assesses the interaction between climate change and agricultural trade policies. We distinguish between two dimensions...
Would Developing Countries Gain from Inclusion of Manufactures in the WTO Negotiations?
Hertel, Thomas W., Will Martin
Paper prepared for the World Bank's Conference on Developing Countries and the Millennium Round, Council Room, WTO Secretariat, Centre William Rappard, Geneva, 19-20 September. The importance of...
Trade Liberalization as a Vehicle for Adapting to Global Warming
Hertel, Thomas W., Timothy O. Randhir
Earlier versions of this paper were presented at the International Agricultural Trade Research Consortium Meetings San Diego, CA, December 14-16, 1997 and at the First Annual Conference in Global...
A Disequilibrium Model of International Capital Mobility
Ianchovichina, Elena, Robert McDougall, Thomas W. Hertel
Paper presented at the Second Annual Conference on Global Economics Analysis, Denmark, June 20-22. The paper proposes a new disequilibrium approach to modeling international capital mobility for a...
Dynamic Effects of the "New Age" Free Trade Agreement between Japan and Singapore
Hertel, Thomas W., Terrie Walmsley, Ken Itakura
As manufacturing tariffs have fallen worldwide, the focus of free trade agreements has shifted towards other issues, including: rules governing foreign investment, e-commerce regulations, trade in...
OECD Domestic Support and the Developing Countries
Dimaranan, Betina, Hertel, Thomas W., Keeney, Roman
This paper aims to shed light on the potential interests of developing countries in reforms to domestic support for agriculture in the OECD economies. In order to accomplish this goal, we begin by...
Multilateral Trade Liberalization and Poverty in Brazil and Chile
Thomas W. Hertel, Paul V. Preckel, Maros Ivanic
This paper combines results from a newly available international, cross-section consumption analysis, with earnings data from household surveys from Brazil and Chile, to analyze the implications of...
Alejandro Nin, Channing Arndt, Thomas W. Hertel, Paul V. Preckel
Technical dependencies as well as data constraints limit our ability to allocate inputs across sectors and hence our ability to measure sectoral productivity. We adapt a directional measure of...
Estimating the Poverty Impacts of a Prospective Doha Development Agenda
Thomas W. Hertel, L. Alan Winters
This paper summarises the findings from a major international research project on the poverty impacts of a potential Doha Development Agenda. It draws on an intensive analysis of the DDA Framework...
Projecting world food demand using alternative demand systems
Yu, Wusheng, Hertel, Thomas W., Preckel, Paul V., Eales, James S.
Tariff line analysis of U.S. and international dairy protection
Jason H. Grant, Thomas W. Hertel, Thomas F. Rutherford
General equilibrium (GE) models have been criticized because of policy aggregation issues. Partial equilibrium (PE) models can be more disaggregated but do not account for the economy-wide effects...
Assessing Global Computable General Equilibrium Model Validity Using Agricultural Price Volatility
Ernesto Valenzuela, Thomas W. Hertel, Roman Keeney, Jeffrey J. Reimer
Computable General Equilibrium (CGE) models are commonly used for global agricultural market analysis. Concerns are sometimes raised, however, about the quality of their output since key parameters...
ASSESSING THE IMPACT OF CHINA'S WTO ACCESSION ON INVESTMENT
Terrie L. Walmsley, Thomas W. Hertel, Elena Ianchovichina
After a boom in foreign direct investment (FDI) in China in the early 1990s, FDI slowed in the late 1990s. More recently, with China's accession to the World Trade Organization (WTO) a reality, FDI...
Second-Best Linkages and the Gains from Global Reform of Manufactures Trade.
Hertel, Thomas W, Martin, Will
The Uruguay Round's built-in agenda for future WTO negotiations omitted further liberalization in manufactures, yet this paper shows that there are large potential gains to be had from such tariff...
Why Do the Gains from Trade Reform Vary between Countries?
Hertel, Thomas W, McCorriston, Steve
This paper assesses, both theoretically and empirically, the determinants of differential gains from trade policy reform across countries. The theoretical model shows that asymmetrical features of...
Revisiting "The Fallacy of Free Trade."
Arndt, Channing, Hertel, Thomas W
The paper examines results presented by Batra in an article entitled "The Fallacy of Free Trade" (1992). Batra contends that technical change in Japanese manufacturing necessarily reduces US real...
Applied general equilibrium analysis of agricultural and resource policies
Hertel, Thomas W., B. L. Gardner, G. C. Rausser
This chapter reviews the literature on applied general equilibrium analysis of agricultural and resource policies. It begins with a historical overview, followed by an assessment of the benefits of...
Productivity growth, catching-up and uncertainty in China's meat trade
Nin, Alejandro, Hertel, Thomas W., Foster, Kenneth, Rae, Allan
Asia-Pacific Food Markets and Trade in 2005: A Global, Economy-wide Perspective
Anderson, Kym, Dimaranan, Betina, Hertel, Thomas W, Martin, Will
Rapid industrialization in East Asia, particularly China, is raising questions about who will feed the region in the next century and how Asia will pay for its food imports. The paper addresses this...
Decomposing Welfare Changes in GTAP
This paper develops a complete decomposition of the change in global welfare in the GTAP model. In particular, this money metric change is broken down into component parts, each of which relates to a...
Introducing Monopolistic Competition into the GTAP Model
Thomas W. Hertel, Padma Swaminathan
1996, October This technical paper documents one approach to incorporating monopolistic competition into the GTAP model. In this framework, consumer preferences are heterogeneous, leading to an...
Disaggregating Labor Payments by Skill Level in GTAP
Liu, Jing, Nico Van Leeuwen, Tri Thanh Vo, Rod Tyers, Thomas W. Hertel
This paper outlines an approach to disaggregating labor payments in the GTAP, global economic data base. The split between low- and high-skilled labor is based on occupational data. High-skilled...
Applied General Equilibrium Analysis of Agricultural and Resource Policies
1999, March Purdue AGEC Staff Paper 99-2 This paper reviews the literature on applied general equilibrium analysis of agricultural and resource policies. It begins with an historical overview,...
Future Directions in Global Trade Analysis
August 1999 This paper discusses future directions in global trade analysis from the perspective of the Global Trade Analysis Project (GTAP) network. The first section offers a projection of where...
Agriculture and Non-Agricultural Liberalization in the Millennium Round
Hertel, Thomas W., Kym Anderson, Joseph Francois, Will Martin
Published in "Agriculture and the New Trade Agenda From a Development Perspective", edited by M. D. Ingco and L. A. Winters, Cambridge and New York: Cambridge University Press Much remains to be done...
The East Asian Economic Crisis: It's not All Bad News
Ianchovichina, Elena, Thomas W. Hertel, Robert McDougall
Choices: The Magazine of Food, Farm, and Resource Issues, Second Quarter The East Asian crisis is not all bad news for the United States and Canada (North America). Net debtors in North America –...
China in 2005 Revisited: The Implications of International Capital Mobility
Ianchovichina, Elena, Robert McDougall, Thomas W. Hertel
This paper revisits the analysis of the implications of China's economic growth on her trading partners presented in Arndt et al. (1997) using a dynamic, applied general equilibrium model that...
China's Accession to the WTO: Timing is Everything
Hertel, Thomas W., Terrie Walmsley
REVISED September 2000 Paper presented at the Conference on Global Economics Transformation after the Asian Economic Crisis, Hong Kong, May 27-28, 2000. Forthcoming in World Economy. Since China’s...
Potential gains from reducing trade barriers in manufacturing, services and agriculture
Trade barriers
Economic Growth and Policy Reform in the APEC Region: Trade and Welfare Implications by 2005
Anderson, Kym, Dimaranan, Betina, Hertel, Thomas W, Martin, Will
This paper examines the impacts of key trade reforms likely to affect the APEC region over the next decade. It does so by taking an economy-wide perspective using projections to the year 2005, based...
A General Equilibrium Framework for the Food Marketing System.
Peterson, Everett B, Hertel, Thomas W, Preckel, Paul V
This paper develops a general framework for the analysis of marketing margins and the food system. It extends previous work by: (i) disaggregating farm-level production, food processing and food...
General Equilibrium Analysis of Supply Control in U.S. Agriculture.
Hertel, Thomas W, Tsigas, Marinos E
This paper provides a general equilibrium analysis of several alternative supply control measures currently employed (or proposed) for U.S. agriculture. Results confirm that acreage controls generate...
Developing Countries and a New Round of WTO Negotiations
Thomas W. Hertel, Bernard M. Hoekman, Will Martin
This article summarizes some of the results and findings emerging from an ongoing World Bank research and capacity-building project that focuses on the World Trade Organization (WTO) negotiating...
The Uruguay Round and Africa: A Global, General Equilibrium Analysis.
Hertel, Thomas W, Masters, William A, Elbehri, Aziz
Using a 10-region, 12-sector model of the global economy, projected forward to 2005 with and without implementation of the Uruguay Round (UR) trade agreements, we confirm earlier expectations that...
James S. Eales, Thomas W. Hertel, Paul V. Preckel
This paper assesses the ability of five structural demand systems to predict demands when estimated with cross sectional data spanning countries with widely varying per capita expenditure levels....
EUROPEAN UNION ENLARGEMENT: WHAT ARE THE AGRICULTURAL TRADE MODELS MISSING?
Swaminathan, Padma V., Hertel, Thomas W., Brockmeier, Martina
This paper quantifies the potential impact of European Union enlargement and the consequences of ignoring the non-agricultural component of this integration. We find that agriculture-focused studies...
Global Nutrition Impacts of Rapid Economic Growth in China and India
Hertel, Thomas W., Verma, Monika, Bouet, Antoine, Cranfield, John A., Preckel, Paul V.
Despite record global economic growth in past decade – malnutrition remains a serious problem in many parts of the world. According to the United Nations’ Food and Agriculture Organization (FAO),...
IMPLICIT ADDITIVE PREFERENCES: A FURTHER GENERALIZATION OF THE CES
Preckel, Paul V., Cranfield, John A.L., Hertel, Thomas W.
The CES is generalized by extension of the work of Hanoch (1975) resulting in implicit, direct and indirect relationships between utility and consumption. Expressions for substitution and income...
Agriculture Productivity Growth: Is the Current Trend on the Track to Poverty Reduction?
Valenzuela, Ernesto, Ivanic, Maros, Ludena, Carlos, Hertel, Thomas W.
In this study we evaluate the effect of annual productivity growth in agriculture over the 1991-2001 period on poverty in eleven developing countries. We compare this with the optimal pattern of...
Biofuels for all? Understanding the Global Impacts of Multinational Mandates
Hertel, Thomas W., Tyner, Wallace E., Birur, Dileep K.
The recent rise in world oil prices, coupled with heightened interest in the abatement of greenhouse gas emissions, has led to a sharp increase in domestic biofuels production around the world....
Biofuels and their By-Products: Global Economic and Environmental Implications
Thaeripour, Farzad, Hertel, Thomas W., Tyner, Wallace E., Beckman, Jayson F., Birur, Dileep K.
The biofuel industry has been rapidly growing around the world in recent years. Several papers have used general equilibrium models and addressed the economy-wide and environmental consequences of...
Extending General Equilibrium to the Tariff Line: U.S. Dairy in the Doha Development Agenda
Grant, Jason H., Hertel, Thomas W., Rutherford, Thomas F.
International Relations/Trade,
Supply Response in Agriculture: Farm-Level and Sector-Wide Adjustment Reconciled
Keeney, Roman, Hertel, Thomas W.
Paper removed by authors for revision - 3/13/08.
Hertel, Thomas W., Reimer, Jeffrey J., Valenzuela, Ernesto
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...
Evaluating Poverty Impacts of Globalization and Trade Policy Changes on Agricultural Producers
Valenzuela, Ernesto, Hertel, Thomas W., Ivanic, Maros, Pratt, Alejandro Nin
The poverty effects and in particular the impact of trade liberalization on smallholder livestock producers in African and South East Asian developing countries (Malawi, Zambia, Uganda, Mozambique,...
GLOBAL ANALYSIS OF AGRICULTURAL TRADE LIBERALIZATION: ASSESSING MODEL VALIDITY
Hertel, Thomas W., Keeney, Roman, Valenzuela, Ernesto
This paper presents a validation experiment of a global CGE trade model widely used for analysis of trade liberalization. We focus on the ability of the model to reproduce price volatility in wheat...
TRADE POLICY, FOOD PRICE VARIABILITY, AND THE VULNERABILITY OF LOW-INCOME HOUSEHOLDS
Hertel, Thomas W., Preckel, Paul V., Reimer, Jeffrey J.
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...
PRODUCTIVITY GROWTH AND CATCHING-UP: IMPLICATIONS FOR CHINA'S TRADE IN LIVESTOCK PRODUCTS
Pratt, Alejandro Nin, Hertel, Thomas W., Foster, Kenneth, Rae, Allan
We develop projections of China's likely meat trade in the year 2010 using a general equilibrium model in conjunction with forecasts of productivity growth rates and macro-economic forecasts....
A GLOBAL PERSPECTIVE ON REGIONAL INTEGRATION IN NORTH AMERICA
International Relations/Trade,
Projecting World Food Demand: A Comparison of Alternative Demand Systems
Yu, Wusheng, Hertel, Thomas W., Preckel, Paul, Eales, James
Projections of world food demands hinge critically on the underlying functional form used to predict future demands. Simple functional forms can lead to unrealistic projections by failing to capture...
A Modified, Implicit, Directly Additive Demand System
Cranfield, J.A.L., Preckel, Paul V., Hertel, Thomas W.
A recently developed demand system, nicknamed AIDADS, offers a more general approach to capturing consumption preferences. AIDADS generalizes the LES by assuming marginal budget shares vary...
CHANGES IN THE STRUCTURE OF GLOBAL FOOD DEMAND
Cranfield, John A.L., Hertel, Thomas W., Eales, James S., Preckel, Paul V.
A newly developed demand system is used to estimate the response of food and food product demand to per capita expenditure changes. The resulting Engel elasticities are then used to project food and...
IMPLICIT ADDITIVE PREFERENCES: A GENERALIZATION OF THE CES
Preckel, Paul V., Cranfield, John A.L., Hertel, Thomas W.
The CES is generalized by extension of the work of Hanoch (1975) resulting in implicit, direct and indirect relationships between utility and consumption. Expressions for substitution and income...
PROJECTING WORLD FOOD DEMAND USING ALTERNATIVE DEMAND SYSTEMS
Yu, Wusheng, Hertel, Thomas W., Preckel, Paul V., Eales, James S.
Computable General Equilibrium (CGE) models are increasingly being used to project world food markets in order to support forward-looking policy analysis. Such projections hinge critically on the...
Ludena, Carlos E., Hertel, Thomas W., Preckel, Paul V., Foster, Kenneth, Nin, Alejandro
There is considerable interest in projections of future productivity growth in agriculture. Whether one is interested in the outlook for global commodity markets, future patterns of international...
Extending General Equilibrium to the Tariff Line: U.S. Dairy in the DOHA Development Agenda
Grant, Jason H., Hertel, Thomas W., Rutherford, Thomas F.
Market access has been at the core of eight negotiating rounds of the General Agreement on Tariffs and Trade (GATT). Yet, agricultural trade remains a heavily protected sector, characterized by...
THE WTO DOHA DEVELOPMENT ROUND AND OECD AGRICULTURAL POLICY
Keeney, Roman, Hertel, Thomas W.
A global CGE model featuring agricultural sector detail is used to assess WTO agricultural reform. Parametric uncertainty is considered with model results evaluated based on confidence intervals. We...
U.S. MARKET POTENTIAL FOR DRIED DISTILLERS GRAIN WITH SOLUBLES
Roman Keeney, Thomas W. Hertel
We examine the determinants of own-price output supply response in policy models, focusing primarily on the OECD-PEM equilibrium displacement model. Reviewing expert assessments and econometric...
FACTOR MARKET INCIDENCE OF AGRICULTURAL TRADE LIBERALIZATION: SOME ADDITIONAL RESULTS
Liberalization of trade implies changes in producer prices, which has consequences for farm income, agricultural employment and asset values. The relative incidence of the effect of changes in prices...
Global Nutrition Impacts of Rapid Economic Growth in China and India
Hertel, Thomas W., Verma, Monika, Bouet, Antoine, Cranfield, John A., Preckel, Paul V.
Despite record global economic growth in past decade – malnutrition remains a serious problem in many parts of the world. According to the United Nations’ Food and Agriculture Organization...
PSEUDO DATA AS A TEACHING TOOL: APPLICATION TO THE TRANSLOG, MULTIPRODUCT PROFIT FUNCTION
Hertel, Thomas W., McKinzie, Lance
This paper argues that the use of "laboratory" data sets can add substantially to the teaching of production economics at the graduate level. Optimal experimental designs for generating pseudo data...
TESTING DYNAMIC MODELS OF THE FARM FIRM
Tsigas, Marinos E., Hertel, Thomas W.
In this paper two models of dynamic firm behavior are fitted to a data set developed from business records of Indiana dairy farms. The parametric restrictions implied by a cost-of-adjustment model...
DO CORN FARMERS HAVE TOO MUCH FAITH IN THE SUGAR PROGRAM?
Rendleman, C. Matthew, Hertel, Thomas W.
Corn producers frequently have been told that the sugar program provides an important stimulus to corn demand through its positive influence on the high fructose corn syrup sector. In this article we...
TRADE LIBERALIZATION AS A VEHICLE FOR ADAPTING TO GLOBAL WARMING
Randhir, Timothy O., Hertel, Thomas W.
This study assesses the potential interaction between climate change and agricultural trade policies. We distinguish between two dimensions of agricultural trade policy: market insulation and subsidy...
Grant, Jason H., Hertel, Thomas W., Rutherford, Thomas F.
The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics.
Taheripour, Farzad, Hertel, Thomas W., Tyner, Wallace E.
In this paper, we offer a general equilibrium analysis of the impacts of US and EU biofuel mandates for the global livestock sector. Our simulation boosts biofuel production in the US and EU from...
The Economy-wide Greenhouse Gas Impacts of the Biofuels Boom (or Bust)
Birur, Dileep K., Golub, Alla A., Hertel, Thomas W., Rose, Steven K.
Several studies in the recent past have offered a contrasting and wide range of perspectives on economic and environmental implications of biofuels. In this study we develop a comprehensive and...
Climate Volatility and Poverty Vulnerability in Tanzania
Ahmed, Syud Amer, Diffenbaugh, Noah S., Hertel, Thomas W., Ramankutty, Navin, Rios, Ana R., Rowhani, Pedram
Climate volatility will increase in the future, with agricultural productivity expected to become increasingly volatile as well. For Tanzania, where food production and prices are sensitive to the...
Commodity Price Volatility and Nutrition Vulnerability
Verma, Monika, Hertel, Thomas W.
In this paper we examine the impact of commodity price volatility on nutritional attainment of households at the nutritional poverty line in Bangladesh. We focus on the first two moments of the...
Predicting the Poverty Impacts of Trade Reform
Thomas W. Hertel, Jeffrey J. Reimer
Quantifying how international trade affects poverty in developing countries is currently an area of intense research activity. This paper surveys the developments taking place, identifies four major...
The Poverty Impacts of Global Commodiity Trade Liberalization
Hertel, Thomas W., Keeney, Roman
Distorted incentives, agricultural and trade policy reforms, national agricultural development, Agricultural and Food Policy, International Relations/Trade, F13, F14, Q17, Q18,
Commodity price volatility and nutrition vulnerability:
Verma, Monika, Hertel, Thomas W.
"In this paper we examine the impact of commodity price volatility on calorie attainment and its variability for households at the nutritional poverty line in Bangladesh. We focus on the first two...
Why Isn't the Doha Development Agenda more Poverty Friendly?
Thomas W. Hertel, Roman Keeney, Maros Ivanic, L. Alan Winters
Critics of the Doha Development Agenda rightly point to the lack of aggressive reform in wealthy countries for its role in dampening developing country gains. The authors find that the absence of...
Roman Keeney, Thomas W. Hertel
Recent analysis has highlighted agricultural land conversion as a significant debit in the greenhouse gas accounting of ethanol as an alternative fuel. A controversial element of this debate is the...
Climate volatility and poverty vulnerability in Tanzania
Ahmed , Syud Amer, Diffenbaugh, Noah S., Hertel , Thomas W., Lobell, David B., Ramankutty, Navin, Rios, Ana R., ...
Climate models generally indicate that climate volatility may rise in the future, severely affecting agricultural productivity through greater frequency of yield-diminishing climate extremes, such as...