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This article presents a comparative dynamic analysis of the market impact of alternative U.S. policies designed to reduce excess capacity in milk production. Two policy options are examined based on an econometric model of the dairy industry and a dynamic simulation of the system. The stock...
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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...
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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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