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This paper explores the links between development assistance, agricultural output growth and imports in 56 developing economies over the period 1974–1990. The empirical model treats agricultural growth and imports, savings and aid as endogenous. The analysis also accounts for differences in...
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Abstract not available
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We present an empirical analysis of factors determining trade wars and agreements under U.S. trade law Section 301. A system of two probit equations is estimated using historical data on Section 301 cases to determine which economic and political factors increase the likelihood of trade...
Persistent link: https://www.econbiz.de/10005154960
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Policy reforms in the EU require careful consideration because the EU is a significant player in international agricultural markets for many commodities. We analyze the effects on world agricultural markets of the 2003 Common Agricultural Policy (CAP) reform and the accession of ten new member...
Persistent link: https://www.econbiz.de/10005437536
We introduce an easily implemented and flexible calibration technique for partial demand systems, combining recent developments in incomplete demand systems and a set of restrictions conditioned on the available elasticity estimates. The technique accommodates various degrees of knowledge on...
Persistent link: https://www.econbiz.de/10005433119
This study investigates the effects on the U.S. cotton industry of textile trade liberalization using a multi-market equilibrium displacement model. The simulation results suggest that textile trade liberalization would induce small changes in the total demand for U.S. cotton but would affect...
Persistent link: https://www.econbiz.de/10005433123