This study analyses the impact on the US cotton industry of removal of the Multi-Fibre Arrangement (MFA) using a multimarket displacement equilibrium model. The model captures the basic linkages of textile products and cotton markets in the USA and in non-US markets. Different textile trade...

This paper extends the basic results of Houck’s insight for derived demand elasticitiesfor the case of joint products by allowing for the possibility of the joint and rawproducts being traded. Theoretical relationships between individual demands for aset of jointly-produced commodities that...

This paper extends the basic results of Houck’s insight for derived demand elasticities for the case of joint products by allowing for the possibility of the joint and raw products being traded. Theoretical relationships between individual demands for a set of jointly-produced commodities that...

This paper presents promising methodologies for modeling and quantifying nontariff barriers (NTB) to trade in the agricultural and food sectors. We limit the analysis to sanitary, phytosanitary, and technical regulations that can have an impact on trade and to methods that provide some...

We analyze the impact of trade liberalization, removal of production subsidies, and elimination of consumption distortions in world sugar markets using a partial-equilibrium international sugar model calibrated on 2002 market data and current policies. The removal of trade distortions alone...

The double-dividend debate evolves around the possibility (or not) of substituting environmental taxes for more distortionary taxes to reduce both pollution degradation and/or damages (the first dividend) and the excess burden of existing taxes (the second dividend), without eroding tax...

We analyze the potential impact of continuing the existing U.S. sugar program, replacing it with a standard program, and implementing the standard program with multilateral trade liberalization. Under the North American Free Trade Agreement (NAFTA), duty-free sugar imports from Mexico will...

This paper provides a formal analysis of the welfare and trade implications of eco-labeling schemes. A simple model of vertical (quality) differentiation captures major stylized features of the textiles market in which trading takes place between an industrialized North (domestic) and a...

The next three-year World Trade Organization round has been set in motion by recent negotiations in Doha, Qatar. Among the most contentious issues in that meeting, and probably over the course of the next round, is direct and indirect producer support for agricultural exporters in the North and...

We use the global Linkage model to assess the impact of trade and support policies in agriculture on income, trade, and output patterns. We provide order-of-magnitude estimates of the impacts of policy changes rather than point estimates. Two sets of simulations are used to identify key drivers...