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Using a static, multi-market, partial equilibrium model this paper assesses the economic consequences three alternative government responses to the BSE crisis in Canada: 1) expansion in slaughter capacity, 2) partial destruction of the cattle herd, and 3) deficiency payments. Each of these...
Persistent link: https://www.econbiz.de/10004989020
This study investigates the role of income in determining the agrifood exports of selected EU countries, Canada, and the United States (U.S.) by estimating per capita bilateral trade flows for 10 commodity groups across 52 countries for the period 1990–2000. About 43 percent of the total...
Persistent link: https://www.econbiz.de/10004989022
When high prices or natural calamities result in starvation and political unrest in the developing world emergency food aid is the best short run response. However, over a longer time frame it is important to have in place international rules that allow the market to function to help alleviate...
Persistent link: https://www.econbiz.de/10005060375
Until two years ago, most citizens of Canada, the United States and Mexico experienced terrorism as a distant reality viewed from the safety of their living rooms. Today, North Americans encounter constant reminders of the aggravation and economic costs imposed on them by the now real threat of...
Persistent link: https://www.econbiz.de/10005797923
Persistent link: https://www.econbiz.de/10003885446
In a meta-analysis of trade policy models, Hess and von Cramon-Taubadel (2008) use over 5800 simulated welfare effects from 110 studies of potential Doha Development Agenda outcomes to identify characteristics of models, data and policy experiments that influence simulation results. This...
Persistent link: https://www.econbiz.de/10005804971
The rules of the trade policy arena differ from those in academia. How can an economic researcher survive, let alone thrive, in what may appear to be a trade policy jungle? The purpose of this paper is not just to offer guidance in this respect but also to think through the factors that...
Persistent link: https://www.econbiz.de/10005804972
Persistent link: https://www.econbiz.de/10005804973
The empirical investigation suggests that there exists an endogenous relationship between subsidy/credit shipments and food aid for wheat in the US. The empirical VAR demonstrates a contemporaneous increase in food aid shipments as alternative vents constrict. This result suggests that a trade...
Persistent link: https://www.econbiz.de/10005804974
Persistent link: https://www.econbiz.de/10005805251