This paper shows that research on international agricultural trade reform can make much greater contributions to understanding than was feasible in earlier trade negotiations. Part of this is due to improvements in the basic data on production, consumption and trade associated with the...

This paper aims to shed light on the potential interests of developing countries in reforms to domestic support for agriculture in the OECD economies. In order to accomplish this goal, we begin by reviewing the literature on the impacts of domestic support on key variables, including farm...

This paper examines whether exchange rate misalignment negatively affects agricultural trade, compared to other industry sectors. Nominal exchange rate misalignment is obtained from the percentage deviation of real exchange rates from their long-run equilibrium based on the theory of purchasing...

Traditional models of export bonus programs focus only on the effects of disposing public stocks on the world market. We show that the economic effects of export bonus programs are significantly different when one includes the costs of acquiring these stocks. Including stock acquisition costs...

Since their commercial introduction in 1996, genetically modified (GM)crops have been quickly adopted world wide, but some GM crops/varieties have notreceived regulatory approval for use in some importing countries, leading toasynchronicity in regulatory approvals. In this context, the...

This paper takes a new empirical look at the long-standing question of the effect of exchange rate volatility on international trade flows by studying the case of Taiwan's exports to the United States from 1989-1998. In particular, we employ sectoral-level, monthly data and an innovative...