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The highly disputed effects of agricultural trade liberalization are mostly simulated with static models. Our main objective in this paper is to evaluate the robustness of the static simulation results to the consistent modeling of dynamic behaviors and to the linked specification of...
Persistent link: https://www.econbiz.de/10010908134
The highly disputed effects of agricultural trade liberalisation are mostly simulated with static models. Our main objective in this paper is to evaluate the robustness of the static simulation results to the consistent modelling of dynamic behaviours and to the linked specification of...
Persistent link: https://www.econbiz.de/10010780324
Economic analyses of farm policies generally focus on long run, steady state impacts while the transition dynamics are often overlooked. In this paper we develop a determinist dynamic computable general equilibrium analysis allowing agents to form adaptive versus perfect expectations. Using an...
Persistent link: https://www.econbiz.de/10011141804
Persistent link: https://www.econbiz.de/10003900248
Persistent link: https://www.econbiz.de/10009508333
Recent reforms of agricultural policies in developed countries have introduced direct payments as replacements for traditional production-enhancing instruments. Whereas these new instruments can, in principle, influence production through several channels, current empirical studies show no...
Persistent link: https://www.econbiz.de/10009390699
Persistent link: https://www.econbiz.de/10008323931
Economic analyses of farm policies generally focus on the long run, steady state impacts while the transition dynamics are often overlooked. In this paper we develop a determinist dynamic computable general equilibrium analysis allowing agents to form imperfect versus pefect expectations. Using...
Persistent link: https://www.econbiz.de/10008560329
<heading format="display" id="h1" implicit="yes" level="1">Abstract</heading> The present round of multilateral trade negotiations is still deadlocked over agricultural trade. The European Union (EU) is urged by its trading partners to open its agricultural markets. Economic evaluations of trade liberalisation scenarios unanimously conclude that a substantial...
Persistent link: https://www.econbiz.de/10008537178
Recent reforms of agricultural policies in developed countries introduced direct payments to the detriment of traditional production enhancing instruments. Whereas these new instruments can influence production through several effects, current empirical studies do not show any significant impact...
Persistent link: https://www.econbiz.de/10005522483