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Most agricultural export subsidies are targeted to specific countries. This paper demonstrates that in a standard general equilibrium model of international trade, a small targeted subsidy increase the welfare of the subsidizing country by exploiting differences in price responsiveness of demand...
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Under the new WTO trading rules the United States is obligated to revise its beef import policy and has proposed barriers based on classifying nations according to livestock health risks. This research develops a model which captures the impact of various degrees of FMD risk from imports on...
Persistent link: https://www.econbiz.de/10004979733
The paper is organized into three major sections. The first section considers agricultural production prior to German reunification in 1990. It looks at the agricultural production structure in the region prior to the division of Germany in 1945 as well as the patterns which arose under the...
Persistent link: https://www.econbiz.de/10004979778
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