Since many of the conditions taken for granted in mature market economies cannot be assumed for transition economies such as Russia, the validity of producer subsidy equivalents (PSE) measures is questionable. The authors calculate PSEs for Russia, being careful in the selection of appropriate...

The Baltic Free Trade Agreement (BFTA) was signed in 1993, took effect on April 1, 1994, and is intended to be the first step in the formation of a customs union. However, agricultural products (agriculture, food industry, and fisheries) were excluded from the initial text, which provided that a...

Four policy scenarios were evaluated in this study. The results of these scenarios contribute to the ongoing policy discussions on modifying current farm legislation and on major reform of trade policies through the GATT negotiations. Two of these scenarios evaluate modifications of the current...

This manual describes the worksheet version of the Food Aid and Food Security Analysis System (FAFSAS) for Honduras. It details the step-by-step procedure of using the analytical system for policy analysis and includes a conceptual framework and model that combine FAPRI data with...

The strongest justification for government involvement in agricultural commodity markets is the instability in U.S. food and agricultural markets that affects both consumers and producers through food supply and price volatility (Tweetin 1993). This instability comes from many sources, including...

How can economists estimate consumption parameters by income classes? The approach used in this paper combines price elasticities estimated from aggregated market data and income-class-specific elasticities derived from household expenditure surveys using Slutsky relationships to calculate...

This paper investigates the supply response to a storage subsidy. From the ex post sales decision problem we derive the reservation price below which all risk averse farmers hold some inventory. While sales and storage decisions are made ex post, production decisions are made ex ante before the...

After parliamentary elections and the formation of a new government, Lithuania declared the restoration of its independence from the USSR on March 11, 1990. Although Lithuania was not recognized as a separate state by the USSR and the world community until after the failed Moscow putsch of...

The Treaty of Rome, which established the European Economic Community in 1957, defined the objectives of the Common Agricultural Policy (CAP). These objectives, contained in Article 39, follow: 1) Increase agricultural productivity by promoting technical progress and by ensuring rational...

Meyers uses the FAPRI agricultural commodity models to help analyze how the final passage of the GATT agreement will impact Russia, the Newly Independent States (NIS), and Central and Eastern Europe. While there are benefits from the GATT accord, he notes that the GATT agreement cannot be seen...