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Registros recuperados: 22 | |
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Mullen, John D.. |
Mullen (2004,2005) conducted an impact assessment of two ACIAR funded economics research projects enquiring into domestic grain market reform in China. The benefit cost ratio to ACIAR was estimated to be in the range 5:1 to 33:1. The impact assessment was conducted when grain policy was viewed as being in a period of retrenchment rather than reform and hence the assessment was ex ante in nature. Since then the methodology for estimating nominal rates of assistance in China has been modified and the late 90s is now seen as a period when reform continued despite the professed policy stance. It seems opportune to revisit Mullen’s original impact assessment to assess the extent of welfare gains actually achieved. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Impact assessment; China grain market reform; Welfare analysis. |
Ano: 2009 |
URL: http://purl.umn.edu/48031 |
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Takahashi, Daisuke; Honma, Masayoshi. |
This study aims to quantitatively evaluate the rice policy reforms in Japan since 1995. First, we review the development of the Japanese rice policy reforms since the Uruguay Round Agreement on Agriculture and the transition of the representative indices that measure the level of agricultural protection, such as the producer support estimate (PSE) and the aggregate measure of support (AMS). Next, a quantitative evaluation of the volume of transfers facilitated by the rice policies is carried out by employing the standard framework of welfare analysis. The changes in social welfare are simulated when the ex ante and ex post policies related to rice, namely, direct payment per output, purchase of rice by the government, and acreage control, are abolished and... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Rice policies; Welfare analysis; Acreage control; Agricultural and Food Policy; Q11; Q17; Q18. |
Ano: 2009 |
URL: http://purl.umn.edu/51421 |
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Lence, Sergio H.. |
The present study advocates a simulation approach to analyze quantitatively the impact of having locally-based markets for price derivatives. A major result is that market outcomes do not appear to be sensitive to most of the underlying parameters of the model other than demand elasticity and transportation costs. For the case of inelastic demand, introduction of a futures market in a country provides domestic producers with a competitive edge if transportation costs. The most important insight of the present analysis is that, under realistic scenarios it need not be the case that local producers will gain a competitive edge over foreign producers by introducing a futures market based on the local spot prices. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Commodity markets; Derivative markets; Futures markets; Welfare analysis; Rational expectations; Marketing. |
Ano: 2004 |
URL: http://purl.umn.edu/20371 |
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von Haefen, Roger H.. |
This paper demonstrates how corner solutions raise difficulties for the specification, estimation, and use of incomplete demand systems for welfare measurement with disaggregate consumption data, as is common in the outdoor recreation literature. A simple analytical model of consumer behavior is used to elucidate the potential biases for welfare measurement arising from modeling the demand for M goods as a function of M + N prices (N > 1) and income when individuals do not consume all goods in strictly positive quantities. Results from a Monte Carlo experiment suggest that these biases can be substantial for large-scale policy shocks when prices are highly correlated. |
Tipo: Journal Article |
Palavras-chave: Demand systems; Welfare analysis; Corner solutions; Microeconometrics; Environmental Economics and Policy. |
Ano: 2010 |
URL: http://purl.umn.edu/59327 |
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Stark, Oded; Casarico, Alessandra; Devillanova, Carlo; Uebelmesser, Silke. |
This paper identifies the migration policies that emerge when both the sending country and the receiving country wield power to set migration quotas, when controlling migration is costly, and when the decision how much human capital to acquire depends, among other things, on the migration policies. The paper analyzes the endogenous formation of bilateral agreements in the shape of transfers to support migration controls, and in the shape of joint arrangements regarding the migration policy and the cost-sharing of its implementation. The paper shows that in equilibrium both the sending country and the receiving country can participate in setting the migration policy, that bilateral agreements can arise as a welfare-improving mechanism, and that the sending... |
Tipo: Working or Discussion Paper |
Palavras-chave: Human capital formation; International migration; Migration policies; Welfare analysis; Institutional and Behavioral Economics; Labor and Human Capital; F22; I30; J24; J61. |
Ano: 2011 |
URL: http://purl.umn.edu/117431 |
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Niemi, Jyrki S.; Peltola, Jukka; Simola, Antti. |
In this paper, indirect costs of Finnish Salmonella Control Program (FSCP) due to its trade effects are evaluated. FSCP is a part of Finnish biosecurity policies intended to shield Finnish food supply and consumption chain from salmonella outbreaks. The program directly increases costs of importing by e.g. requiring costly certificates for imports. Additionally, it may cause anxiety to suppliers of imports as there are added uncertainties in the import process. As similar requirements apply to domestic suppliers, the program should not be thought of as a technical trade barrier (TBT), however, it may affect trade flows indirectly and effects may be assessed in a similar manner as those of TBT’s. The evaluation of the trade effects is performed using a... |
Tipo: Conference Paper or Presentation |
Palavras-chave: International trade; Biosecurity; Welfare analysis; Food Consumption/Nutrition/Food Safety. |
Ano: 2008 |
URL: http://purl.umn.edu/43953 |
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Niemi, Jyrki S.; Fahlbeck, Erik; Hofreither, Markus F.. |
Ten years ago, Austria, Finland, and Sweden joined the EU. The application of the Common Agricultural Policy (CAP) caused major repercussions on the agricultural sectors of the entering countries. This article analyses the welfare effects of accession to the EU on the agricultural markets in Austria, Finland and Sweden in a simple supply and demand framework, which is kept strictly identical across all three countries. The quantitative results of the study are derived by using standard partial equilibrium comparative static analysis in the Marshallian economic surplus framework. Using this method, the welfare effects are calculated for eight major cereal and livestock commodities produced in Austria, Finland, and Sweden by comparing the evolution of the... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Integration; EU; CAP; Austria; Finland; Sweden; Welfare analysis; International Relations/Trade; Q11; Q17. |
Ano: 2005 |
URL: http://purl.umn.edu/24767 |
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McEvoy, David M.; Brandt, Sylvia J.; Lavoie, Nathalie; Anders, Sven M.. |
In this paper we use a general model of imperfect competition to predict welfare changes within an open-access fishery transitioning to individual transferable quota (ITQ) management. Although related research has explored the effects of market power in the harvesting sector on ITQ performance, none have considered the implications of an imperfectly competitive processing sector. This study addresses this question specifically in the context of the Atlantic herring fishery, although its implications are relevant to all fisheries with similar industry structure. Our results show that ITQs could have a negative impact on fishermen’s welfare when processors have market power and the cap on aggregate harvest is binding or becomes binding with the... |
Tipo: Working or Discussion Paper |
Palavras-chave: ITQ; Imperfect competition; Welfare analysis; Fisheries; Risk and Uncertainty; D43; Q22; Q28; L13. |
Ano: 2007 |
URL: http://purl.umn.edu/7389 |
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Pauwels, Wilfried; Weverbergh, Marcel. |
In this paper we analyze the optimal regulation of an internationally integrated monopolist, producing in one country and selling in another country. The monopolists pricing policy is constrained by transfer pricing regulations, and is subject to different tax rates on profits in the two countries. The governments of the two countries can use their tax rates as regulatory instruments, and they also determine an arms length interval of acceptable transfer prices. The two governments can cooperate in order to maximize world welfare, or they can each try to maximize their own country welfare. It is shown that in several of the solutions governments apply a golden rule. This rule requires that the firm realizes all profits in the manufacturing country, while... |
Tipo: Working or Discussion Paper |
Palavras-chave: Transfer pricing; Welfare analysis; Political Economy; F13; K2; C72. |
Ano: 2005 |
URL: http://purl.umn.edu/24170 |
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Registros recuperados: 22 | |
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