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Gulf Cooperation Council (GCC) countries have used petroleum revenues to fund employment programs as a main means for supporting the welfare of their populations. The public sector in GCC countries seeks to provide every national labor market entrant with a job, reflecting the policy of...
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Growth in U.S. agriculture is linked to the non-farm economy through domestic terms of trade and factor market adjustments. With almost stable input growth, the relatively large contributions from growth in Total Factor Productivity (TFP) are passed on to intermediate and final consumers in the...
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<DIV>Despite substantial transformations in American agriculture, farm program spending remains a closely guarded prerogative of United States agricultural policy. <I>Policy Reform in American Agriculture</I> examines both the history of farm subsidies and the contemporary relevance of traditional farm...</i></div>
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The paper questions why agricultural trade compromise between the USA and EC is so difficult, whether a compensatory scheme be found that is both politically feasible and resource saving, and whether liberalizing policies by selected OECD countries will ease a trade compromise. These questions...
Persistent link: https://www.econbiz.de/10011168017
International strategic agricultural trade policy interdependence is modelled using a game theoretical framework. The model distinguishes between the European Community, the United States and a politically passive rest-of-the-world. Particular emphasis is placed on the effect of the exchange...
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