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| Registros recuperados: 38 | |
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| Houck, James P.. |
| This paper looks at three related, controversial, and very current topics in the agricultural trade policy of the United States -- trade wars, export subsidies, and international grain markets. The possible head-on collision of the United States and the Community over these three matters provides us with a rare opportunity to examine the economic aspects of these issues as they actually unfold. My goal in the pages that follow is to illuminate some basic economics of these highly political issues in a non-technical but sensible way. |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade. |
| Ano: 1987 |
URL: http://purl.umn.edu/51243 |
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| Houck, James P.. |
| This short piece is an abstract, partial equilibrium approach to defining the term "market" in terms useful to students of agricultural economics. Neither the short, dictionary-style definitions, nor the longer, more discursive descriptions available are altogether satisfactory for teaching students what a market is--especially in terms consistent with the basic theoretical constructs that we insist they learn. This particular attempt uses familiar concepts of supply and demand but presents them so as to highlight the idea of a "market." |
| Tipo: Journal Article |
Palavras-chave: Marketing. |
| Ano: 1984 |
URL: http://purl.umn.edu/32145 |
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| Houck, James P.. |
| In-kind price subsidies are a new and important feature of U.S. agricultural policy. Yet the market effects of such subsidies have not been widely discussed in the professional literature even through they differ importantly from similar cash subsidies. This paper examines in-kind subsidies with simple, static demand and supply functions. In-kind price subsidies push down prices to favored buyers and increase total sales relative to no subsidy or to an equivalent cash subsidy. Inventory holdings by the subsidizing authority are diminished. However, the effects of an in-kind subsidy upon prices received by sellers and commercial sales volume (net of stock disposals) are problematic, depending upon the price elasticity of demand in the subsidized market. If... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural and Food Policy; International Relations/Trade. |
| Ano: 1988 |
URL: http://purl.umn.edu/51249 |
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| Registros recuperados: 38 | |
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