This paper explores the links between development assistance, agricultural output growth and imports in 56 developing economies over the period [1974][1975][1976][1977][1978][1979][1980][1981][1982][1983][1984][1985][1986][1987][1988][1989][1990]. Thc empirical model treats agricultural growth and imports, savings and aid as endogenous. The analysis also accounts for differences in macroeconomic policies. The results show that aid had a positive impact on agricultural growth. A robust relationship exits between aid and agricultural imports consistent with the argument that aid helps industrialized countries through market expansion and strengthened trade tics.

This paper explores the links between development assistance, agricultural output growth and imports in 56 developing economies over the period [1974][1975][1976][1977][1978][1979][1980][1981][1982][1983][1984][1985][1986][1987][1988][1989][1990]. Thc empirical model treats agricultural growth and imports, savings and aid as endogenous. The analysis also accounts for differences in macroeconomic policies. The results show that aid had a positive impact on agricultural growth. A robust relationship exits between aid and agricultural imports consistent with the argument that aid helps industrialized countries through market expansion and strengthened trade tics.

Time series econometric methods are applied to monthly observational data over the period 197H-1992 on real exchange rates, real corn prices. corn export sales, and corn export shipments for the United States, In-sample fit and out-of-sample forecast results are used to discern whether exchange rates have elicited systematic responses in U,S, corn prices, sales and shipments, and whether the dynamic transmission mechanisms tying these variables together have changed over time, A structural break appears to have occurred in early 1985. No cointegration is found between exchange rates, price, sales, and shipments in either sub-period, Influences are all short-run or between stationary variables, The role of the exchange rate appears to have moderated in the post-1985 period, Implications for policy analysis are discussed,

When federalist nations are signatories to international economic agreements, potential problems arise because of the inherent conflicts between federal law and legitimate state interests. This paper presents a conceptual framework for analyzing problems surrounding negotiation, ratification, and implementation of international agreements when federations are signatories. The economic model isolates three factors (the variance of state net benefits under an agreement, individual states' opportunity costs associated with the agreement, and state-supported opportunism) as cost-increasing impediments to the successful institution of intemational economic agreements and highlights opportunism containment as fundamental to credible commitments in international agreements.

Lesser developed countries (LDCs) serve as both customers and competitors for agricultural commodities produced in the Southern region of the United States. This paper focuses on the impacts of LDCs on exports of the major agricultural commodities produced in the South (cotton, rice, tobacco, poultry, and, to a lesser extent, citrus and peanuts). First the importance of LDCs as export markets for Southern commodities is explored. Then the role LDCs play as producers and exporters of these commodities is considered. Finally, these separate roles are combined into an index of LDC competitiveness with Southern agricultural commodities. Data analysis shows that Southern agricultural interests truly are divided over the role LDCs play in Southern agriculture, where poultry and rice rank highest, and peanuts lowest, in terms of a LDC markets/competition index. Thus, it is not surprising that calls for protectionism (e.g., the Bumpers' Amendment) should arise from the South.