Recent Publications
Our Author(s):
Chapter 12 bankruptcy filings have been fairly stable over the past few quarters and have stabilized to around the same levels as when chapter 12 became a permanent fixture of the bankruptcy code in 2005. The US experienced elevated levels of chapter 12 filings towards the end of 2009 through mid-2012, but aside from the second quarter of 2017 there has not been a quarter with more than 150 chapter 12 bankruptcies filed and that is a good sign for the agricultural sector. In general, the second quarter, which consists of the period between April 1st and June 30th, is the quarter that...
Our Author(s):
Discussion of the economic and political costs of US withdrawal from Trans-Pacific Partnership. Published in "The University of Pennsylvania Journal of Law & Public Affairs", and co-authored with Daniel Chow (Moritz School of Law, Ohio State) and William McGuire (University of Washington, Tacoma)
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Presentation at the 2018 Agricultural Policy and Outlook Conference, November 2, 2018.
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This report provides an outlook on agricultural lending and delinquencies for Ohio for fall 2018.
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The United State Department of Agriculture (USDA), on August 30, forecasted U.S. net farm income for 2018 to decline 13% from last year, from $75.5 billion in 2017 to $65.7 billion in 2018 (USDA 2018). If realized, U.S. net farm income would decrease to levels witnessed in 2016 (Figure 1). This decline is even larger when we consider inflation-adjusted values, showing a 14.8% decrease in real U.S. net farm income. The USDA also made a similar downward forecast for U.S. net cash income. Net cash income is projected to drop 12% in 2018, from $104 billion in 2017 to $91.5 billion in 2018. These...
Our Author(s):
Evaluation of WTO/Gatt and extent to which it will act as a constraint on economic nationalism. With Daniel Chow (Moritz College of Law, Ohio State) and William McGuire (University of Washington, Tacoma) https://academic.oup.com/ajae/advance-article/doi/10.1093/ajae/aay060/50...
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Analysis of impact of science parks on productivity of small and medium-sized enterprises - also with Syed Hasan (Lahore University of Management)
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This is the first edition of a new, semi-annual, agricultural outlook report by faculty and staff of AEDE.
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NBER Working Paper 24772 - co-authored with Kari E.R. Heerman (ERS/USDA) and presented at "Trade and Agriculture Conference", NBER, Cambridge, May 2018. Discussion of methodology for adapting applied general equilibrium model to reflect both random and non-random variation in agricultural productivity across countries.
Our Author(s):
An economic and legal evaluation of US trade policy towards China. With Daniel Chow (Moritz College of Law, Ohio State) and William McGuire (University of Washington Tacoma)