We analyse the consequences on agricultural markets of enlargement of the European Union (EU) to include the Czech Republic, Hungary, and Poland. We produce a market outlook up to 2010 for two enlargement scenarios assuming different policy restrictions on grain and dairy production in the...

This paper explores the prominent and enduring brokerage role of Hong Kong in facilitating mainland Chinese companies’ US listings. We argue the brokerage role needs to be interpreted in both global and territorial dimensions. Situating Hong Kong in the global context, it utilises its...

Using urban household-level survey data from 1992 to 1998, the authors provide estimates of final demand for edible vegetable oils and animal fats in three regions of China based on the LinQuad incomplete demand system. For each region, the demand for the major "staple" oil is price inelastic....

(Revised) China's rapid economic growth and gradual transition toward a market economy have brought about significant changes in production and consumption patterns and trade behavior in agriculture. In this study the authors assess the comparative advantage and protection of China's major...

This paper briefly summarizes the impacts of the European Union's Common Agricultural Policy (CAP) reforms on the European agricultural sector and on international agricultural trade. Objectives of the CAP reform (as stated in EU Commission documents) are to ensure the environmental viability of...

Using the Food and Agricultural Policy Research Institute (FAPRI) modeling system, we investigate the multilateral removal of border taxes and farm programs and their distortion of world agricultural markets. We find that agricultural and trade distortions have significant terms-of-trade...

The authors analyze the impact of China's accession to the World Trade Organization on major crop and livestock markets using the FAPRI modeling framework. They incorporate expected changes in consumer income, textile production, and trade policies as exogenous shocks to the baseline model....

This paper analyzes the effect on dairy markets of the Berlin Accord and the European Union (EU) Common Agricultural Policy (CAP) reforms. It also investigates the consequences of the EU enlargement to include three Central and Eastern European countries (CEECs), the Czech Republic, Hungary, and...

Using urban household-level survey data from 1992 to 1998, the authors provide estimates of final demand for edible vegetable oils and animal fats in three regions of China based on the LinQuad incomplete demand system. For each region, the demand for the major "staple" oil is price inelastic....

In response to a request from Senator Tom Harkin, the Food and Agricultural Policy Research Institute (FAPRI) evaluated the effects of a uniform 10 percent reduction in program crop acreage in the United States. Specifically, FAPRI analyzed the effects on price, trade, consumption, and...