FACTOR MARKET INCIDENCE OF AGRICULTURAL TRADE LIBERALIZATION: SOME ADDITIONAL RESULTS
Liberalization of trade implies changes in producer prices, which has consequences for farm income, agricultural employment and asset values. The relative incidence of the effect of changes in prices on fixed factors depends on the rclative magnitude of the Morishima elasticities of substitution in agricultural production.
Year of publication: |
1991
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Authors: | Hertel, Thomas W. |
Published in: |
Australian Journal of Agricultural Economics. - Australian Agricultural and Resource Economics Society - AARES. - Vol. 35.1991, 01
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Publisher: |
Australian Agricultural and Resource Economics Society - AARES |
Keywords: | International Relations/Trade |
Saved in:
freely available
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