Rural America’s economic performance has generally lagged urban America’s performance for decades. This relative decline accelerated after 2000, and the economic expansion since the Great Recession largely missed much of rural America. The US has experienced declining rates of dynamism since the 1970s, but this phenomenon is stronger in rural areas. For example, declining rates of new-firm startups hit rural America even harder. Rural-to-urban migration, the traditional route to prosperity for generations of rural residents, has also declined, leaving many rural American “trapped” in...
Davis, E.C.; Katchova, A.L. The Impact of Bank Deregulations on Farm Financial Stress and Stability. Sustainability 2020 , 12 , 1684. https://doi.org/10.3390/su12041684
Kim, K.N., and A.L. Katchova. “Impact of the Basel III Bank Regulation on Agricultural Lending.” Agricultural Finance Review (2020), forthcoming. https://doi.org/10.1108/AFR-11-2019-0124
Presentation at the 2019 Agricultural Policy and Outlook Conference, November 12, 2019.
CAUV values projections for 2020 and 2021.
This report provides information on agricultural loan volumes and delinquencies for Ohio for 2019.
Jointly authored with Steve McCorriston (University of Exeter), this paper examines the common causes of populism and economic nationalism in the US and UK, focusing on the "China shock". The key difference in the policy response of the two countries is that the US has become more protectionist, while the UK seeks new free trade agreements following Brexit. However, both policy choices are costly, with implications for economic integration.
Update on Chapter 12 farm bankruptcies through second quarter of 2019.
Published in the Cardozo Law Review with Daniel Chow, Moritz College of Law, Ohio State University, and William McGuire, University of Washington, Tacoma. Article is an evaluation of US economic nationalism and its potential effect on the multilateral trading system.
This paper studies both theoretically and empirically the impact of using trade as a peace instrument to avoid an anticipated interstate conflict between countries disputing a historical territory. The impact of trade is examined through the role of organized interest groups in influencing their governments’ foreign policies. A game theoretical model is used to observe the dynamics at the domestic and international level of negotiating a peace agreement that can be accompanied with a trade agreement. Using backward induction, I find that the probability of conflict depends on the contribution...