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Agricultural trade barriers and producer subsidies inflict real costs, both on the countries that use these policies and on their trade partners. Trade barriers lower demand for trade partners' products, domestic subsidies can induce an oversupply of agricultural products which depresses world...
Persistent link: https://www.econbiz.de/10005320648
The studies in this report analyze the effects of decoupled payments in the Federal Agriculture Improvement and Reform (FAIR) Act on recipient households, and assess land, labor, risk management, and capital market conditions that can lead to links between decoupled payments and production...
Persistent link: https://www.econbiz.de/10005513720
This paper investigates the contribution of the Brazilian agriculture to economic growth of the Brazilian economy. It draws upon the Global Trade Analysis Project (GTAP) data base, and other time series data to construct a multi-sector Ramsey model that shows the transition growth of the...
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The paper is organized into six major sections. Background and trends in agricultural production and trade are presented in Section II. The extent of government intervention in food grain production and trade is described in Section III. This provides a foundation for Section IV where the...
Persistent link: https://www.econbiz.de/10005338496
This paper presents a chronology of the 1995-96 farm bill debate, which was historic in several dimensions. Victories in the 1994 mid-term elections gave Republican majorities control of Congress for the first time in forty years. An omnibus budget reconciliation bill became the principal...
Persistent link: https://www.econbiz.de/10005014816
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Reform of the Common Agricultural Policy has entailed the substitution of new income support instruments for the former price based instruments, mainly in the cash crop sector. Our first point is that the domestic political balance was unable to generate such a large change in policy design, in...
Persistent link: https://www.econbiz.de/10005801276