Three policies widely used by governments around the world--market price supports, direct payments, and input subsidies--are analyzed for their implications for resource use and effectiveness in transferring income to growers. Results indicate that direct payments are the most effective while...

This paper was presented at the INTERNATIONAL TRADE IN LIVESTOCK PRODUCTS SYMPOSIUM in Auckland, New Zealand, January 18-19, 2001. The Symposium was sponsored by: the International Agricultural Trade Research Consortium, the Venture Trust, Massey University, New Zealand, and the Centre for...