Experimental economics procedures were used to investigate impacts of a proposed bond scheme on production decisions. As expected, production with subsidy payments tied to a support price was substantially higher than with no policy. A shift from the support price to equivalent annual or...

Experimental economics procedures were used to investigate impacts of a proposed bond scheme on production decisions. As expected, production with subsidy payments tied to a support price was substantially higher than with no policy. A shift from the support price to equivalent annual or...

This article investigates the possibilities of including policy choices directly into a sector model that simulates an economic equilibrium It uses a mathematical programming framework because these models have wide applicability in agricultural sector analysis The objective function is...

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 (1) relative price changes between sectors and (2) income and...

The Uruguay Round of negotiations under the General Agreement on Tariffs and Trade (GATT) may draw agriculture into an unprecedented global liberalization process. If developed nations write the agenda for these negotiations and direct the research on economic effects of liberalization, they are...

The impacts of reducing both agricultural and nonagricultural protection on the agricultural sector are assessed with emphasis placed on Argentina, Brazil, and Mexico. By modeling simultaneously all goods sectors of the economy in a multi-country framework, we evaluate the importance of (1) the...

To obtain a healthier diet, Americans need to consume not only more vegetables, but also a healthier mix of vegetables. Household demands for eight categories of vegetables are investigated, using ACNielsen's Homescan data. A maximum simulated likelihood estimation procedure results in...