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This article analyzes the impact of removing the U.S. tobacco program in both a partial and general welfare economics framework. In a partial-equilibrium framework, a consumer taxfunded quota buyout can result in producer gains, consumer losses, net losses resulting from higher prices, and...
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While access to land is back high on the policy agenda as an instrument to attack poverty, strong reservations have been expressed as to whether this strategy can indeed be effective. To help shed light on this important debate, this paper establishes the conditions under which access to land...
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