The claim by global trade modelers that the potential contribution to global economic welfare of removing agricultural subsidies is less than one-tenth of that from removing agricultural tariffs puzzles many observers. To help explain that result, this paper first compares the OECD and...

Trade negotiators and policy advisors are keen to know the relative contribution ofdifferent farm policy instruments to international trade and economic welfare.Nominal rates of assistance or producer support estimates are incomplete indicators,especially when (especially in developing...

A decline in governmental distortions to agricultural and other trade since the 1980s hascontributed to economic growth and poverty alleviation globally. But new modeling resultssuggest that has taken the world only three-fifths of the way towards freeing merchandisetrade, and that farm policies...

The recent acceleration of regional and global integration of national economies has brought with it greater scrutiny of domestic policies that affect the competitiveness of industries in the international marketplace. Simultaneously, concerns about resource depletion and environmental...