ABSTRACT We examined the impacts of China's implementation of a sliding scale duty (SSD) system on the world cotton market. The analysis was based on a spatial equilibrium model of major importing and exporting regions that incorporates key features of China's SSD. The model solutions suggest...

Purpose – This paper aims to determine whether domestic cotton support permitted by the current or potential World Trade Organization (WTO) rules would be sufficient to compensate the cost to China's cotton farmers if the sliding scale duty (SSD) on cotton imports is removed....

This article examines whether the assumption of perfect competition in the U.S. dairy industry biases the findings of economic impacts of generic dairy advertising. An imperfect competition model based on an approach similar to that of Appelbaum is developed and used to evaluate generic milk...

The objective of this paper is to present a comprehensive, multi-regional trade model which includes all types of state trading enterprises (STEs) as well as other domestic and trade policies. The model is applied to measure the effects of STEs on the world wheat sector, where exports and...

Traditional spatial equilibrium models have assumed that markets are either perfectly competitive or monopolistic. In this paper, a generalized spatial equilibrium model is developed which allows for any degree of market conduct from perfect competition to monopoly. The model incorporates a...