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Countries cooperate in negotiating treaties. However, treaty compliance is noncooperative; signatories comply with treaties only if compliance leaves them better off than noncompliance. US and EC agricultural policies of 1986 are modeled through a noncooperative game. Bilateral treaties,...
Persistent link: https://www.econbiz.de/10005525627
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...
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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
This paper delves into the debate on the proliferation of regional trade arrangements by focusing on bilateral agricultural trade data over the 1962-1995 period for countries that currently are members of NAFTA, Mercosur, the EU and APEC. Agricultural is chosen because it has historically been...
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Contact for this paper: Laura Bipes, Department of Applied Economics, University of Minnesota, 1994 Buford Avenue, 232 ClaOff, St. Paul, MN 55108. This volume contains the main papers that were presented at an IATRC symposium which focused on Policy Reform, Market Stability, and Food Security....
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