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Registros recuperados: 30 | |
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Min, He; Gopinath, Munisamy; Buccola, Steven T.; McEvoy, Peter B.. |
Many non-native insect, disease, and weed pests of food, fiber, and nursery crops pose threats to the U.S. environment, agricultural production, and exports. In this study we focus on regulations controlling the spread of noxious weeds, especially the regulatory differences among US states and investigate the determinants of such regulations. With a simple game-theoretic framework, we derive cross-state regulatory congruence as a function of ecological and agronomic characteristics and stakeholder lobbying through political contributions. Empirical results suggest ecological and agronomic dissimilarities drive large cross-state differences in noxious weed regulation across states. However, evidence of stakeholder interests in shaping these regulations is... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
Ano: 2006 |
URL: http://purl.umn.edu/21212 |
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Arnade, Carlos Anthony; Gopinath, Munisamy. |
Significant differences exist in the rates of capital adjustment in the four major sectors of the U.S. economy: agriculture, food, manufacturing, and services. A multioutput adjustment cost model is specified to compute the rates of capital adjustment. This specification allows us to derive dynamic output supply and investment demand functions for the four sectors, which are then fitted to time-series data. Our estimates show that capital in agriculture and manufacturing is almost fixed and adjusts toward respective long-run equilibrium at a rate of about 2% per year. The food processing and services sectors are more flexible in that their capital stocks fully adjust in less than five years. Thus, the rate of adjustment of agricultural capital is lower... |
Tipo: Journal Article |
Palavras-chave: Agricultural Finance. |
Ano: 1998 |
URL: http://purl.umn.edu/31167 |
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Wu, JunJie; Gopinath, Munisamy. |
This paper examines the causes of spatial inequalities in economic development across rural America. A theoretical model is developed to analyze interactions between location decisions of firms and households as they are affected by natural endowments, accumulated human and physical capital, and economic geography. Based on the theoretical analysis, an empirical model is specified to quantify the effect of these factors on key indicators of economic development across counties in the United States. Preliminary results suggest that households are willing to trade better amenities for lower income, and firms take advantage of this tradeoff by locating in areas with better climate and more recreational opportunities. In equilibrium, counties with better... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Community/Rural/Urban Development. |
Ano: 2005 |
URL: http://purl.umn.edu/19229 |
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Gopinath, Munisamy; Kim, Hanho; Kim, Sooil. |
In this article, we analyze the export decision of Korean manufacturing firms with emphasis on those in the food processing sector. A dynamic discrete choice model based on sunk (entry or exit) costs is specified for export behavior. Data for 1996-2002 on 1022 Korean firms, of which 95 are in the food processing sector, are assembled. A nonparametric measure of firm productivity is derived for use in the export-behavior (probit) model. Results show the significant effects of sunk costs on the export decision of Korean firms. A firm-size effect on export behavior is identified for food processing firms, unlike in the case of their manufacturing counterparts. We also find a firm-size effect on productivity in all manufacturing firms. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agribusiness. |
Ano: 2006 |
URL: http://purl.umn.edu/21271 |
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Gopinath, Munisamy; Carver, Jason. |
Processed food products account for a growing share of global agricultural trade. Growth in total factor productivity and intersectoral linkages between agricultural and processed foodsectors are hypothesized as factors explaining this phenomenon. Estimating the neoclassical trade model using an internationally comparable database, we find evidence of (a) Hechsher-Ohlin (factor endowments) and Ricardian-type (technology) effects in agricultural and processed food trade, and (b) transfer of comparative advantage from the primary agricultural sector to the processed food sector. Thus, public policies protecting primary agriculture can adversely affect processed food sectors, while those supporting R&D efforts can bring about dynamic and comparative... |
Tipo: Journal Article |
Palavras-chave: Productivity Analysis. |
Ano: 2002 |
URL: http://purl.umn.edu/31130 |
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Gopinath, Munisamy; Pick, Daniel H.; Vasavada, Utpal. |
This paper investigates the determinants of foreign direct investment (FDI) and its relationship to trade in the U.S. food processing industry. A representative multinational corporation maximizes profits by choosing between production in the home country, which is exported, and production in a foreign country. This introduces the possibility that foreign affiliate sales can be a substitute and/or complement for exports. The empirical framework consists of a system of four equations with foreign affiliate sales, exports, affiliate employment, and FDI as endogenous variables. The results confirm a small substitution between foreign affiliate sales and exports. The empirical evidence supports the hypothesis that FDI is also protection-jumping. |
Tipo: Working or Discussion Paper |
Palavras-chave: Agribusiness; International Relations/Trade. |
Ano: 1998 |
URL: http://purl.umn.edu/51205 |
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Kim, Hanho; Gopinath, Munisamy. |
This paper investigates the effect of trade cost changes on the spatial productivity distribution in Korea. Data on gross value added and primary factors for 163 spatial units during 2000-2005 are assembled to estimate local TFP using a value-added function. In our application, we control for agglomeration economies so as to identify factors shifting the regional raw-productivity distribution over time. The TFP estimation results show that the Korean regional economy exhibits constant returns to scale, along with significant localization economies. We find that and trade costs reduction and infrastructure improvement significantly shift to the right all percentile values of the regional productivity distribution, while amenity does not affect the movement... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agglomeration economies; Spatial productivity distribution; Trade cost; Community/Rural/Urban Development; F1; R3. |
Ano: 2010 |
URL: http://purl.umn.edu/94896 |
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Kim, Sooil; Reimer, Jeffrey J.; Gopinath, Munisamy. |
This study uses a unique firm-level dataset to examine how falling trade costs from 1993-2001 affected entry, exit, productivity, and exporting in the Korean manufacturing sector. We verify many of the predictions of recent heterogeneous-firm models of international trade. For example, falling trade costs reduced entry by new Korean firms, increased their probability of exit, and reduced the market share of surviving firms. We also find that small firms had a particularly high level of dynamism over the sample period. Small firms were more likely to enter and exit, and marginally more likely to gain market share, enter export markets for the first time, and improve their productivity. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Employment; Exit; Exports; Firm deaths; Survival; Trade costs; Agribusiness; Industrial Organization; International Development; International Relations/Trade; Labor and Human Capital; Marketing; Production Economics; Productivity Analysis; Research and Development/Tech Change/Emerging Technologies; F10; D24. |
Ano: 2009 |
URL: http://purl.umn.edu/49185 |
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Gopinath, Munisamy; Roe, Terry L.. |
Sources of growth in U.S. gross domestic product (GDP) are analyzed in a general equilibrium, open economy framework using time-series data. Contributions from labor and capital account for 75% of the economy's average growth, with total factor productivity (TFP) accounting for the remainder. Changes in the domestic terms of trade appear to be biased in favor of the services sector and against the agricultural and industrial sectors. A number of Rybczynski and Stolper-Samuelson-like linkages between the agricultural sector and the rest of the economy are identified. Labor-using technological change and favorable terms of trade appear to be the major contributors to the growth of the services sector. These changes have led to a decline in the... |
Tipo: Journal Article |
Palavras-chave: Public Economics. |
Ano: 1996 |
URL: http://purl.umn.edu/31023 |
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Registros recuperados: 30 | |
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