The Common Agncultural Policy (CAP) of the European Commumty (EC) has contributed considerably to turbulence in agriculture. In this paper, a model of the determinants of EC price policies is developed and tested empmcally. The results show that the annual decisions on agncultural pnces m the EC...

International pollution poses special problems for economic analysis. National governments can, in principle, be successful in improving environmental quality when the sources of pollution are located within the government's jurisdiction. This is not possible, however, when pollution originates...