This paper provides a systematic welfare-based approach to analyze the impact of non-tariffmeasures (NTMs) on trade and welfare in presence of market imperfections. We focus onstandard-like measures such as technical barriers and sanitary and phytosanitary regulations.The approach overcomes the...

In the context of U.S. farm policy, this paper analyzes the effect that expectationsabout base acreage and yield updating in future policies have on a farmer’s productiondecisions in the presence of price, yield and policy uncertainty. We consider a riskaverse farmer producing a single crop...

This survey paper explores the literature on decoupling of farm programs that has emerged inthe last 10 years. The paper identifies and assesses the various channels of potential coupling ofdecoupled farm payments and provides a taxonomy of coupling mechanisms found in theoreticaland empirical...