"GREEN BOX" MEASURES FOR AGRICULTURAL SUPPORT: HOW DECOUPLED CAN THEY REALLY BE? AN INVESTIGATION WITHIN SAM AND CGE FRAMEWORKS
The Uruguay Round Agreement on Agriculture classified some subsidies as "Green Box" measures and presuming that they would not distort production/trade patterns, kept them outside the AMS reduction commitments. This study investigates the validity of this view through simulation results from SAM multiplier and CGE analyses for the US economy.