A wide range of economic analysis of agricultural trade liberalization was performed prior to and during the Uruguay Round of trade negotiations. Views differ as to the effectiveness of this research, although most would agree that it became less relevant as the negotiations progressed. This...

Since the early 1970s there has been interest in the application of optimal control theory to the management of economic systems. Specifically, optimal control theory prescribes policy strategies which optimise a quantifiable policy preference function subject to market equilibrium conditions....

A quality-of-life index (QLI), a proxy measure of utility, is constructed by factor-weighted and simple-summation weighted aggregation of socio-psychological measures of well-being. The socio-psychological measures were constructed from quality of life domains taken from selected years of the...

This paper investigates the impact of China's and Taiwan's accession to the World Trade Organization (WTO) on U.S. and world agricultural trade by means of a 12-region, 14-sector Computable General Equilibrium model for world trade and production. The simulation results show that integrating...

Impacts of agricultural and nonagricultural trade liberalization on agriculture are assessed in a multi-commodity, multi-country framework. By modeling simultaneously all goods sectors of the economy, we evaluate the importance of: (a) relative price changes between sectors, and (b) income and...

This paper examines whether developing countries, as a group, would be better off in the absence of agricultural protection in the industrial North and, if so, whether they should support reforms negotiated between the major players in the Uruguay Round. Results from the Tyers-Anderson GLS model...

The conventional gravity model is revised for a single commodity and applied to meat markets to determine factors affecting trade flows of meat. This study demonstrates that the gravity model for a single agricultural commodity can be parameterized more effectively by using time series and...

This paper investigates a central part of the argument that agricultural assistance by the United States to developing nations leads to diminished export markets for U.S. farmers. A sizeable cross section of low-income and lower-middle-income nations is used to provide statistical analyses of: (...

An identified vector-autoregressive model is used to analyze the transmission of external commodity shocks to the Brazilian economy. The effects of the interaction between domestic macroeconomic (monetary and exchange rate) policies and external shocks to agricultural commodity (raw material and...

The paper presents the results of a theoretical study focusing on a comparative evaluation of the welfare effects of a preferential tariff reduction for agricultural exports from less developed countJ;ies versus a generalized tariff reduction. The results are derived using a diagrammatic...