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We show how leakage differs, depending on the biofuel policy and market conditions. Carbon leakage is shown to have two components: a market leakage effect and an emissions savings effect. We also distinguish domestic and international leakage. International leakage is always positive, but...
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On-and off-farm employment offamily farm members has been a permanent phenomenum in U.S. agriculture. In this paper, a family-farm model is extended to include both on-and off-farm labor supply decisions for farm-households in the U.S. com sector. A unique empirical measure of economic welfare...
Persistent link: https://www.econbiz.de/10010921241
A general theory is developed to analyze the efficiency and income distribution effects of a biofuel consumer tax exemption and the interaction effects with a price contingent farm subsidy. Using U.S. policy as an example, ethanol prices rise above the gasoline price by the amount of the tax...
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Recent trade negotiations have attracted much attention to the consequences of domestic support applied to agricultural markets. In various markets, researchers have examined the economic effects of regimes and scenarios with less, or different forms of, domestic support including decoupled...
Persistent link: https://www.econbiz.de/10004979505
International trade of horticultural commodities is increasingly important in many regions of the world, yet import patterns of key horticultural crops are understudied in the agricultural economics literature. Using data between 1991 and 2005, we estimate the drivers of per capita import demand...
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