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We analyze the impacts of removing export subsidies with or without reforms to domestic support and tariffs using a multi-country trade model. Model simulations are designed to assess both the magnitude and the direction of trade in the absence of export subsidies in connection with other...
Persistent link: https://www.econbiz.de/10009443557
Agricultural trade barriers and producer subsidies inflict real costs, both on the countries that use these policies and on their trade partners. Trade barriers lower demand for trade partners' products, domestic subsidies can induce an oversupply of agricultural products which depresses world...
Persistent link: https://www.econbiz.de/10005320648
We extend the methodology of a two-step profit function to obtain area and yield elasticities. We then estimate the effects of price and technology on crop output of France, Germany, and the UK. Area elasticities were obtained by adding area shadow price equations to the standard dual model of...
Persistent link: https://www.econbiz.de/10005513466
The European Union sugar policies, in place for over 49 years, underwent a first major reform in 2005, yielding to mounting pressures coming from the EU 2004 enlargement, the recent EBA initiative to least developed countries and the recent WTO-panel ruling on EU sugar export subsidies. The...
Persistent link: https://www.econbiz.de/10005483771
This study examines the price behavior for identity preserved and generic corn under different demand and competition conditions. Simulation results suggest that generic corn has a greater market impact on specialty corn than the reverse, and that increased competition within processing may...
Persistent link: https://www.econbiz.de/10005330685
This analysis shows that there could be net gains to the U.S. wheat industry if all U.S. export wheat were to be cleaned to a dockage level between 0.35 to 0.40 percent. These results are based on survey results of major importers of U.S. wheat, and a model of world wheat trade. Larger benefits...
Persistent link: https://www.econbiz.de/10004979716
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This paper provides an overview of the European Union component of the recently developed ERS/Penn State WTO Model. The model is a multi-region, multi-commodity partial equilibrium trade model which allows the user to simulate the effects of reducing or eliminating tariffs and TRQs, export...
Persistent link: https://www.econbiz.de/10005806047
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