U.S. and Canadian agricultural support policies for grains are reviewed, focusing on changes since 1995. Estimates of effects on acreage and production from the literature and from acreage data for the U.S. are estimated. Likely further effects of the U.S. 2002 Farm Act are discussed, including...

This paper characterizes the optimal use of sanitary and phytosanitary standards to prevent the introduction of harmful pests and diseases through international trade. Because established pest and disease infestations grow and spread over time their introduction has intertemporal consequences....

Each year U.S. farmers receive more subsidies than needy families receive through welfare assistance or post-secondary students receive through student aid grants. Yet, who benefits from agricultural subsidies is an open question. Economic theory predicts the entire subsidy incidence should be...

In Europe, in addition to public opposition to genetically modified food, the slow pace of development in agricultural and food biotechnology has been attributed to the lack of basic preconditions for commercial and innovative activities. The role and justification of a significant degree of...

A cropland retirement policy contributes to the reduction of environmental externalities from agricultural production such as soil erosion, nutrient runoff and loss of wildlife habitat. On the other hand, participant's potential adverse behavior could undermine the environmental benefits of the...