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| Boussard, Jean-Marc; Gerard, Francoise; Piketty, Marie-Gabrielle; Christensen, Ane-Katrine; Voituriez, Tancrede. |
| In this paper, we try to evaluate the change in welfare gains and their distribution due to trade liberalization when imperfect information is considered. The results of two versions of a computable general equilibrium (CGE) model, using GTAP database and representing goods as well as capital flows, are compared. In the first one, a standard world CGE approach is followed. In the second version we include risk aversion, imperfect information and production lag in the agricultural sector. After a brief description of the two versions, changes in welfare, represented by the income of two types of household (middle-low and middle-high) in three regions (Europe, United States, Rest of the World) after agricultural trade liberalization are presented.... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade. |
| Ano: 2003 |
URL: http://purl.umn.edu/25849 |
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| le Cotty, Tristan; Voituriez, Tancrede. |
| When public goods are joint outputs of agricultural production, there is a trade-off between agricultural and non-agricultural provision of the public good. The principle of minimal price distortion in the reform of agricultural policies has led to a theoretical recommendation that public goods, if under-provided at agricultural free market level, should be promoted through non agricultural policies instead of agricultural policies. We show that the economies of scope between the agricultural production and the joint public good play a key role in determining the optimal way of providing this latter. If the policy designed is a non-agricultural policy, the production cost of the public good is higher than with an agricultural policy. If the policy designed... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Multifunctionality; Jointness; Coupled support; Protectionism; Public good; Resource /Energy Economics and Policy. |
| Ano: 2003 |
URL: http://purl.umn.edu/25850 |
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