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A daily crop growth simulation model was applied to four dry land cropping systems to estimate the profit distributions for each of four price series under stochastic weather conditions on the Southern High Plains of Texas. Stochastic dominance with respect to a function was utilized to rank...
Persistent link: https://www.econbiz.de/10010911227
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...
Persistent link: https://www.econbiz.de/10011069437