Most agricultural export subsidies are targeted to specific countries. This paper demonstrates that in a standard general equilibrium model of international trade, a small targeted subsidy increase the welfare of the subsidizing country by exploiting differences in price responsiveness of demand...

The United States embarked on a policy assuming excess demands for commodities are elastic. Some analysts question the success of that policy and argue that excess demands for farm commodities are inelastic. The controversy is deepened because the two traditional techniques for determining...

Concentration in the pork industry has increased and spawned concerns over market power. Agricultural policy instruments operate differently under imperfect competition. This article analyzes the impacts of policy instruments when the pork industry is assumed to be imperfectly competitive. The...

This paper examines several aspects of tariff rate quotas (TRQ) as adopted during tariffication of agricultural policies under the Uruguay Round of GATT. Quota rents and non-tariff barrier effects may remain under TRQs, contrary to the objectives of the tariffication process. Further, price...

This research examines the transformation of Hungarian agricultural production cooperatives. In contrast to early expectations, cooperatives did not experience much membership loss. Rather, the enterprises held together, although they downsized. The distribution of collective assets occurred...