Sep 2, 2020
The news is mixed about the rate of Ohioans out of work. The state’s unemployment rate has rebounded from late spring’s rates, and it’s below the national rate.
Aug 27, 2020
It is estimated that a pound of food is wasted by every American, every day. The amount of food that ends up in the trash is driven not just by individual or household food choices but also by a system that leads consumers towards choices that result in food waste, states a new study released by the National Academies of Sciences, Engineering, and Medicine.
Aug 20, 2020
When Margaret Jodlowski speaks with farmers and producers, she notices the curious smiles that break out on their faces when she divulges that she did not grow up on a farm but in the city of Chicago. She welcomes the question that always comes next: how in the heck did she end up working in the field of agriculture?
Aug 19, 2020
Drs. Yongyang Cai and Sathya Gopalakrishnan discuss the complexity of climate mitigation, the social cost of carbon and if COVID-19 is enough of a disruption to be considered a tipping point.
Aug 10, 2020
A summary of Dr. Brian Roe, the Ohio State Food Waste Collaborative and @AlleghenyEcon's study on the state of American Refrigerators during the COVID-19 era.
Jul 30, 2020
The U.S.-China trade war represents a natural experiment in the sense that we have not seen such wide-ranging increases in tariffs since the 1930s, when Congress passed the Smoot-Hawley Tariff Act (Bown and Zhang, 2019). Not surprisingly, applied trade economists have already conducted in-depth research on the impact of the trade war so far, the most notable being Amiti, Redding, and Weinstein (2019), Alberto Cavallo et al. (2019), and Pablo Fajgelbaum et al. (2020). This blogpost is a summary of the key results reported in these studies.
Jul 29, 2020
Analysis of the current administration’s trade policy choices has typically interpreted them in terms of a zero-sum game, i.e., rather than generating mutual benefits in a positive-sum game, international trade is a game where economically, one country is a winner while the other must be a loser (Chow and Sheldon, 2019). However, there is an alternative explanation for these actions: the administration has chosen to move from rules-based to power-based bargaining over tariffs as a means of dealing with latecomers to the World Trade Organization (WTO) (Mattoo and Staiger, 2019). The concern here is that by switching from rules-based to power-based bargaining, the United States is putting the future of the post-war trading system at risk, as well as inflicting economic costs on both itself and its trading partners.
Jul 27, 2020
It is no surprise that the COVID-19 pandemic has led Americans to eat at home more often. A group of researchers with the Ohio State Food Waste Collaborative recently surveyed 500 people from around the country to gain insight into how eating at home has translated to other changes in American kitchens and if intentions to consume the food in refrigerators have risen as a result.
Jul 21, 2020
In light of the sectors targeted by China’s retaliatory tariffs against U.S. imports, it is not surprising that agriculture was a critical component of the Phase One Trade Agreement between the U.S. and China, that went into effect on February 14, 2020. Specifically, China committed to purchasing an additional $12.5 and $19.5 billion worth of U.S. agricultural products above 2017 levels in 2020 and 2021, respectively, implying total agricultural imports of $36.5 billion in 2020 and $43.5 billion in 2021 (see Section 6-1 of the Agreement). Essentially, these commitments by China constitute a voluntary import expansion (VIE), harking back to the era of so-called “managed” trade between the U.S. and Japan in the 1980s (Bown and Keynes, 2020).
Jul 8, 2020
Dr.s Ian Sheldon and Brent Sohngen discuss the state of International Trade in the Era of COVID-19.