Blandford, David; Brunstad, Rolf Jens; Gaasland, Ivar; … - Institutt for Økonomi, Universitetet i Bergen - 2008
agricultural policies. In this paper we demonstrate rigorously that a change in the relative (percentage) PSE is not an accurate … indicator of the implications of policy reform for domestic welfare or for trade distortions. If there are positive … externalities linked to agricultural inputs (e.g., land), we demonstrate that replacing output subsidies by optimal Pigouvian …