This paper opens a new field in quantitative policy analysis by developing a methodology for the construction and simulation of computable non-separable household models. Non-separability originates in market failures and in a binding credit constraint, both of which transform the products and...

Cattle production has been a major source of agricultural deforestation in Brazil's Amazon rainforest. Brazilian credit subsidies have been blamed for speeding cattle expansion and thus deforestation. A stochastic coefficients regression approach was used to quantify the effects of credit...

Sustainable agriculture has emerged as a key issue in agricultural development and natural resource management because of widespread and growing concern about the seriousness of degradation of the world's natural resource base and ever-increasing pressures on these resources from continuing...

The third EC enlargement to include Spain and Portugal raised substantial problems in the international olive oil market, where the EC-10 accounted for 48 percent of production and 52 percent of consumption and the new EC members for 30 percent and 24 percent, respectively. Olive oil was highly...

International pollution poses special problems for economic analysis. National governments can, in principle, be successful in improving environmental quality when the sources of pollution are located within the government's jurisdiction. This is not possible, however, when pollution originates...

The objective of this paper is to disentangle the question of the influence of R&D investment on resource allocation efficiency and income distribution in Japanese agriculture during 1960-87. The average marginal product of R&D stock as estimated by the cost function approach is calculated to be...

This paper analyses the effects of a rebalancing policy for the EC feed sector on the less developed countries. The theoretical part of the study reveals that evaluation of changing world market prices from the developing countries' perspective depends on the trade position of the LDCs in the...

This paper clarifies linkages between food aid and food trade, both theoretically and empirically. A theoretical model first shows that domestic policy is crucial for the trade effects of food aid. Food trade may fall, remain constant, or even rise due to increased food aid. The important issue...

The world trade model used for this study suggests taht Japanese agricultural policies have substantially depressed world rice prices. The study also indicates that such policies have imposed considerable distrotions in Japan's domestic economy, costing consumers and taxpayers nearly $1.73 to...

This paper compares domestic dairy policies in the USA and EC and examines the impact of these policies on each dairy industry to explore domestic policy interdependence. The EC and USA have similar goals ofimproving farm income and use similar price support policies to achieve these goals....