Building on the empirical case of the EU-US trade dispute on hormone-treated beef an analytical framework, where consumers are imperfectly informed about the quality of imports, is used to investigate the welfare effect of trade liberalisation in the case of a credence good. Opening the domestic...

This paper analyses the main antitrust decisions in the agribusiness sector in Europe. First, legislation and economic principles are recalled. Then for input suppliers, farmers, manufacturers, and retailers, we give a brief presentation of the market structure and discuss the main competition...

We use cartel theory to analyse the influence of common labelling in agricultural markets. An analytical framework of adverse selection where consumers are imperfectly informed about the quality of products is used to investigate the welfare effects of a cartel. In the absence of a cartel,...

The paper briefly discusses developments in the negotiations on agriculture in the WTO Doha Development Agenda Round from January 2000 to September 2005 and identifies the main elements to be considered when speculating on the outcome of the Ministerial Conference in Hong Kong. Copyright 2005,...

The EU tariff schedule includes many specific and composite tariffs as well as tariff-rate quotas (TRQs). Hence, different patterns of trade liberalisation might have different consequences for both producers and consumers through changes in the composition of trade. We illustrate the issues at...

We investigate the possible linkages between the EU sugar production under quota and the supply of C sugar. We calibrate the implicit cross-subsidy between in-quota sugar and out-of-quota sugar. The resulting supply specification is included in a computable general equilibrium model of the EU...