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Registros recuperados: 15
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VALUING COUNTER-CYCLICAL PAYMENTS: IMPLICATIONS FOR PRODUCER RISK MANAGEMENT AND PROGRAM ADMINISTRATION AgEcon
Plato, Gerald E.; Skully, David W.; Johnsons, D. Demcey.
USDA’s current method for estimating expected counter-cyclical payment rates produces unintentionally biased estimates because it does not consider the variability of marketing year prices. Estimates with positive bias increase the risk of overpayment to producers who accept advance payments. According to statute, producers must reimburse the Government for any overpayments, which can lead to cash-flow problems. A model developed for this analysis improved upon the USDA method of estimating counter-cyclical payment rates by accounting for the variability in market price forecast errors. This enhanced method produced unbiased estimates. Forecasters and producers can also use the model to calculate the probabilities of repayment. Producers can use call...
Tipo: Report Palavras-chave: 2002 Farm Act; Farm and commodity policy; Counter-cyclical payments; Risk management; Price uncertainty; Agricultural and Food Policy; Risk and Uncertainty.
Ano: 2007 URL: http://purl.umn.edu/7184
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OPPOSITION TO CONTRACT PRODUCTION: SELF-SELECTION, STATUS, AND STRANDED ASSETS AgEcon
Skully, David W..
Production contract tournaments induce self-selection among producers. Self-selection for pork differs from broiler production resulting in a predictably different political response by incumbent producers to contract innovation. The higher capital and status of incumbent pork producers than poultry producers account for much of the difference.
Tipo: Conference Paper or Presentation Palavras-chave: Industrial Organization; Labor and Human Capital; Livestock Production/Industries; J41 Contracts; Specific Human Capital; J43 Agricultural Labor Markets; L22 Firm Organization; Markets vs. Hierarchies.
Ano: 1998 URL: http://purl.umn.edu/21012
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Will Special Agricultural Safeguards Advance or Retard LDC Growth and Welfare? A Dynamic General Equilibrium Analysis AgEcon
Somwaru, Agapi; Skully, David W..
This study examines the potential magnitude and distribution of the costs and benefits of allowing developing countries to establish Special Safeguards (SSGs) for staple agricultural commodities. An inter-temporal general equilibrium model used to simulate the static and dynamic effects of SSGs. Our results indicate that developing countries in aggregate lose welfare when SSGs are imposed for staple food and for all agricultural commodities as opposed to agricultural trade liberalization without SSGs. However, the distribution of gains and losses among developing countries is not uniform.
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2005 URL: http://purl.umn.edu/19533
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ECONOMICS OF TARIFF-RATE QUOTA ADMINISTRATION AgEcon
Skully, David W..
The 1996 Uruguay Round Agreement on Agriculture was a step toward free trade. The Agreement lifts bans and quotas on imports, but allows their conversion into tariff-rate quotas (TRQs), which function like quotas. At present, many of the 1,300 TRQs increased market access to imports, but some have preserved pre-Agreement levels of protection. The World Trade Organization's intent as to the administration of TRQs is open to interpretation. This report analyzes seven administrative methods in light of the principle of nondiscrimination. We conclude that auctions are the best way to administer a TRQ. First-come, first-served and license-on-demand methods present a moderate risk of biased trade. State trading organizations and producer groups that directly...
Tipo: Report Palavras-chave: Tariff-rate quotas; Quantitative restrictions; Trade barriers; Tariffs; International Relations/Trade.
Ano: 2001 URL: http://purl.umn.edu/33576
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ISSUES IN REFORMING TARIFF-RATE IMPORT QUOTAS IN THE AGREEMENT ON AGRICULTURE IN THE WTO AgEcon
de Gorter, Harry; Abbott, Philip C.; Barichello, Richard R.; Boughner, Devry S.; Bureau, Jean-Christophe; Choi, Jung-Sup; Coleman, Jonathan R.; Herrmann, Roland; Kramb, Marc Christopher; Sheldon, Ian M.; Liapis, Peter S.; MacLaren, Donald; Moennich, Christina; Morse, B. Adair; Skully, David W.; Sumner, Daniel A.; Tangermann, Stefan.
Contents: The Economics of Tariff Rate Quotas and the Effects of Trade Liberalization; TRQs and GATT Rules; An Overview of Tariffs, Quotas and Imports Worldwide; TRQs in the European Union; U.S. TRQs for Sugar, Tobacco and Peanuts; Dairy TRQs in the United States; Tariff Rate Quota Implementation and Administration by Developing Countries; Management of Tariff Rate Quotas in Korea and Japan; Tariff Rate Quota Administration in Canadian Agriculture; The Case of Australia and New Zealand Facing TRQs; The 1999 WTO Panel Report on the EU's Common Market Organization for Bananas; Assessment
Tipo: Report Palavras-chave: International Relations/Trade.
Ano: 2001 URL: http://purl.umn.edu/14617
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Structural Change and Agricultural Protection: Costs of Korean Agricultural Policy, 1975 and 1990 AgEcon
Diao, Xinshen; Dyck, John H.; Skully, David W.; Somwaru, Agapi; Lee, Chinkook.
The economic development of South Korea is often considered a model for developing countries. We use 1975 and 1990 data in a general equilibrium framework with a highly disaggregated sector specification to evaluate the opportunity cost of its agricultural protection. We show that although agriculture's share of the gross domestic product (GDP) declined between 1975 and 1990, the cost of agricultural protection, as measured by the loss in GDP, did not fall. The larger gap between domestic and world prices for the protected sectors exacerbated the distortions in resource allocation. Simulated removal of 1990 agricultural border protection reduced the share of agricultural GDP to the level actually observed in 1996, demonstrating how protection can impede...
Tipo: Report Palavras-chave: South Korea; Food policy; Agricultural development; Computable general equilibrium; Protectionism; Trade liberalization; Rural development; Agricultural and Food Policy.
Ano: 2002 URL: http://purl.umn.edu/33921
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U.S. TRQS FOR PEANUTS, SUGAR, AND TOBACCO: HISTORICAL ALLOCATION AND NONDISCRIMINATION AgEcon
Skully, David W..
U.S. peanut, sugar, and tobacco tariff rate quotas (TRQs) are allocated to suppliers on an historical market share basis. Once allocated they become difficult to redistribute to accommodate changes in comparative advantage among suppliers. The distribution of trade departs increasingly from the tariff-equivalent distribution advocated by the WTO principle of nondiscrimination. Article XIII of the GATT regarding the rules for historical allocation is examined and applied to four cases of historical allocation: domestic tobacco quota and TRQs for peanuts, sugar and tobacco. The difference between the law enforcement objective of the WTO and the Pareto optimization objective assumed by economists is stressed throughout.
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 2000 URL: http://purl.umn.edu/31328
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Economic Analysis of Base Acre and Payment Yield Designations Under the 2002 U.S. Farm Act AgEcon
Young, C. Edwin; Skully, David W.; Westcott, Paul C.; Hoffman, Linwood A..
The 2002 Farm Act provided farmland owners the opportunity to update commodity program base acres and payment yields used for calculating selected program benefits. Findings in this report suggest that farmland owners responded to economic incentives in these decisions, selecting those options for designating base acres that resulted in the greatest expected flow of program payments. Decisions of farmland owners in South Dakota, in upland cotton area, and in the Heartland region support the payment-maximization argument. In general, landowners favored maximizing payments over aligning base acres to current or recent plantings. Farmland owners with high-payment base acres, such as rice and cotton, held on to these base acres and, whenever possible, expanded...
Tipo: Report Palavras-chave: Base; 2002 Farm Act; Direct payments; Counter-cyclical payments; Production flexibility contract payments; Base acres; Program yields; Agricultural and Food Policy; Farm Management.
Ano: 2005 URL: http://purl.umn.edu/33594
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The Governance of Agricultural Trade: Perspectives from the 1940's AgEcon
Skully, David W..
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 1990 URL: http://purl.umn.edu/50884
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THE CHANGING DYNAMIC OF MEXICAN PRODUCE DISTRIBUTION AgEcon
Link, John; Malaga, Jaime E.; Tropp, Debra; Skully, David W..
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 2000 URL: http://purl.umn.edu/27411
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AGRICULTURAL POLICY REFORM IN THE WTO: THE ROAD AHEAD AgEcon
Diao, Xinshen; Elbehri, Aziz; Gehlhar, Mark J.; Gibson, Paul R.; Leetmaa, Susan E.; Mitchell, Lorraine; Nelson, Frederick J.; Nimon, R. Wesley; Normile, Mary Anne; Roe, Terry L.; Shapouri, Shahla; Skully, David W.; Smith, Mark; Somwaru, Agapi; Trueblood, Michael A.; Tsigas, Marinos E.; Wainio, John; Whitley, Daniel B.; Young, C. Edwin.
Agricultural trade barriers and producer subsidies inflict real costs, both on the countries that use these policies and on their trade partners. Trade barriers lower demand for trade partners' products, domestic subsidies can induce an oversupply of agricultural products which depresses world prices, and export subsidies create increased competition for producers in other countries. Eliminating global agricultural policy distortions would result in an annual world welfare gain of $56 billion. High protection for agricultural commodities in the form of tariffs continues to be the major factor restricting world trade. In 2000, World Trade Organization (WTO) members continued global negotiations on agricultural policy reform. To help policymakers and others...
Tipo: Report Palavras-chave: Agricultural and Food Policy; International Relations/Trade.
Ano: 2001 URL: http://purl.umn.edu/34015
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STRUCTURAL CHANGE AND AGRICULTURAL PROTECTION: THE COSTS OF KOREAN AGRICULTURAL POLICY 1975 AND 1990 AgEcon
Diao, Xinshen; Dyck, John H.; Lee, Chinkook; Skully, David W.; Somwaru, Agapi.
The economic development of South Korea is often held up as a model to be followed by many developing countries. We use 1975 and 1990 data in a general equilibrium framework with highly disaggregated agricultural sector specification to evaluate the opportunity cost of agricultural protection. We show that for Korea the cost of protection increases with the level of economic development.
Tipo: Conference Paper or Presentation Palavras-chave: Industrial Organization; International Development.
Ano: 1999 URL: http://purl.umn.edu/21492
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THE ECONOMICS OF TRQ ADMINISTRATION AgEcon
Skully, David W..
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 1999 URL: http://purl.umn.edu/14584
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ANALYSIS OF U.S. EXPORT ENHANCEMENT TARGETING AND BONUS DETERMINATION CRITERIA AgEcon
Haley, Stephen L.; Skully, David W..
This research analyzes the criteria set from which policymakers have selected import markets to target EEP wheat bonuses. Results presented herein indicate that the administration of EEP has favored no specific criterion -- rather, the emphasis placed on various criteria has fluctuated over time. Although putting pressure on the EU was a much repeated justification for the program, expanding U.s. wheat exports and pressuring the Canadians guided targeting allocations as much as, if not more than, pressuring the EU. This research also develops a method for predicting which wheat import markets are likely to be important in the future, based on an identification of specific policy objectives.
Tipo: Working or Discussion Paper Palavras-chave: Export enhancement program; Wheat; International Relations/Trade.
Ano: 1995 URL: http://purl.umn.edu/51216
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THE 2002 U.S. FARM ACT: IMPLICATIONS OF BASE UPDATING AgEcon
Westcott, Paul C.; Skully, David W.; Young, C. Edwin; Hoffman, Linwood A..
The 2002 Farm Act allowed farm owners to update base acres for direct payments (DPs) and counter-cyclical payments (CCPs) and to update yields for counter-cyclical payments. A minority, about 40 percent, of the 1.9 million enrolled farms choose to update their base acres using 1998-2001 plantings; of these updating farms about three-fourths updated their payment yield for CCPs. Producers with rice and cotton base had a strong economic incentive to maximize base acres for those crops, either by retaining previous base acres if they had shifted to production of alternative crops or by increasing base if they had expanded rice or cotton plantings. Research findings support the hypothesis that base designation reflects payment maximization criteria.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2004 URL: http://purl.umn.edu/20197
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