Michael V. Martin

THE LAND-GRANT UNIVERSITY IN THE 21st CENTURY

There are many in political and higher education circles who have come to believe that land-grant universities have lost their relevance. It is said too frequently that the land-grant tradition no longer fits 21st century realities. The purpose of this paper is to argue energetically that land-grant universities, the land grant model, and the land-grant tradition have never been more relevant nor more important.

Trade Liberalization, Policy Reform and the U.S. Sugar Industry

This study examines the prospects for and potential impacts of liberalized international trade in sugar. It utilizes a state specific, cost of production based estimate of U.S. sugar supply to examine producer surplus under the current sugar policy regime and under a free trade scenario. It also evaluates the long-term viability of sugar production in individual states at free market prices.

A VESSEL LICENSING FEE AS AN ALTERNATIVE PROPOSAL FOR A DEEP DRAFT WATERWAY USER CHARGE

: Congress, with the support of the Reagan Administration, is considering the imposition of a user fee on deep draft waterways and ports. Two major bills emerged in the 98th Congress and proposes a tax on import-export value while the other proposes a tax on import-export tonnage. This paper proposes and discusses another user fee alternative, a vessel licensing system. It outlines the advantages of such a fee system under a set of assumed objectives and discusses the range of possible license charge levels under a cost recovery target of

EVALUATING INLAND WATERWAY NAVIGATION IMPROVEMENT PROJECTS: THE CASE OF THE BONNEVILLE LOCK

250 million.

Grennes, Thomas, Paul R. Johnson, and Marie Thursby. The Economics of World Grain Trade. New York: Praeger Publishers, 1978, 129 pp.,

ABSTRACT: The period of time from identification of a possibly desirable inland waterway transportation project to its actual implementation has been observed to be inordinately long. It is Hypothesized that at Least one cause of delays in project approval and implementation is a analytical credibility associated with project feasibility analysis conducted by the U.S. Army Corps of Engineers. This paper examines this hypothesis in terms of the proposal to construct a new, expanded lock at the Bonneville Dam on the Columbia River. The principle finding is that the analysis conducted by the Corps is conceptually flawed, methodologically questionable, internally inconsistant, and inappropriately narrow in scope.