Witzke, Harald von; Noleppa, Steffen; Schwarz, Gerald - Universität <Berlin, Humboldt-Universität> / … - 2010
Payments. In this paper weanalyze the production and trade effects of this policy and its compatibility with WTOinternational … trade rules. A survey of the literature suggests that the system of direct paymentsin its present form has effects which are … analogous to a subsidization of agricultural land.Thus, they act to increase production and trade.Furthermore we quantify the …