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| Randhir, Timothy O.; Hertel, Thomas W.. |
| This study assesses the potential interaction between climate change and agricultural trade policies. We distinguish between two dimensions of agricultural trade policy: market insulation and subsidy levels. Building on the previous work of Tsigas, Frisvold and Kuhn (1997) we find that, in the presence of current levels of agricultural subsidies, increased price transmission- as called for under the Uruguay Round Agreement on Agriculture- reduces global welfare in the wake of climate change. this is due to the positive correlation between productivity changes and current levels of agricultural support. Increases in subsidized output under climate change tend to exacerbate inefficiencies in the global agricultural economy in the absence of market... |
| Tipo: Journal Article |
Palavras-chave: Environmental Economics and Policy; International Relations/Trade. |
| Ano: 2000 |
URL: http://purl.umn.edu/31295 |
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| Randhir, Timothy O.; Lee, John G.. |
| A multiyear regional risk programming model was used in evaluating the impacts of different environmental policies on cropping systems, input use, nonpoint source pollution, farm income and risk. A direct expected utility maximizing problem (DEMP) objective with a Von Neuman Morgenstern utility function was used in deriving optimal cropping systems. A biophysical simulation model provided input for the optimization. Three types of policies-taxing, regulating the aggregate, and regulating the per acre level-were studied for two farm inputs-nitrogen and atazine. It was observed that policies had varied and multiple cross-effects on pollutant loads, farm income, and risk. This information is crucial in developing successful policies toward improving... |
| Tipo: Journal Article |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 1997 |
URL: http://purl.umn.edu/31366 |
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| Randhir, Timothy O.; Hertel, Thomas W.. |
| Earlier versions of this paper were presented at the International Agricultural Trade Research Consortium Meetings San Diego, CA, December 14-16, 1997 and at the First Annual Conference in Global Economic Analysis, Purdue University, June 1998. This study assesses the interaction between climate change and agricultural trade policies. We distinguish between two dimensions of agricultural trade policy: market insulation and subsidy levels. Building on the previous work of Tsigas, Frisvold and Kuhn (1997) we find that, in the presence of current levels of agricultural subsidies, increased price transmission --as called for under the Uruguay Round Agreement on Agriculture-- reduces global welfare in the wake of climate change. This is due to the positive... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy; International Relations/Trade. |
| Ano: 1999 |
URL: http://purl.umn.edu/28698 |
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