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Challenges for Less Developed Countries: Agricultural Policies in the EU and the US AgEcon
Schure, Paul; van Kooten, G. Cornelis; Wang, Yichuan.
Agricultural policies adopted by developed countries are considered distortional and detrimental to less developed countries (LDCs). This paper discusses the adverse impacts on less developed countries of the agricultural support regimes of the European Union (EU) and the United States (US). Despite the fact that the budget for agriculture in these constituencies has the same order of magnitude, we find that the EU relies much more heavily on agricultural support than does the US. Specifically, the EU provides agricultural producers with an amount of support that is about two-and-a-half times that of the US, and for most commodities a larger share of farmers’ income stems from support measures as well. While the composition of producer support differs...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural support; European Union; US; Developing countries; Least-developed countries; Agricultural and Food Policy; Farm Management; Q14; Q17; Q18.
Ano: 2007 URL:
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