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| Gleckler, James; Tweeten, Luther G.. |
| The objective of this study is to measure economic payoffs from a grain cartel. Two basic approaches to extract economic rents are considered: (i) Mandatory supply controls to restrict production and raise grain price, and (2) export price discrimination using export taxes or subsidies. The economic impacts of different producer cartel scenarios were estimated using a long-term, nine-region world trade simulation model incorporating the assumptions of neoclassical trade theory. The SWOPSIM program was used to write the model equations. Economic Research Service trade data for 1989 were used to initialize the model. Results reflect long-run changes from 1989conditions and are at 1989 general price levels. The model simultaneously estimated outcomes in... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Crop Production/Industries; International Relations/Trade. |
| Ano: 1994 |
URL: http://purl.umn.edu/51225 |
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| Gleckler, James; Koopman, Robert B.; Tweeten, Luther G.. |
| The pace of political-economic change in former East Bloc nations of Europe defies accurate prediction. Some events such as more price-directed markets are predictable enough but integration of former East Bloc countries into the European Community remains a matter of speculation. Analysis indicates that the economics of agriculture favors acceptance by the European Community of members of the European Free Trade Association before former members of the. East Bloc. Analysis also indicates the considerable agricultural production potential of Central and East Europe will be unleased first by market-directed economies and later by integration with the EC -- if the latter occurs. US consumers gain more than producers lose so the economic welfare of Americans... |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade. |
| Ano: 1991 |
URL: http://purl.umn.edu/51140 |
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