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Greener Acres or Greener Waters? Potential U.S. Impacts of Agricultural Trade Liberalization

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Author Info
Johansson, Robert C.
Cooper, Joseph
Vasavada, Utpal

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Abstract

This paper examines the elimination of all agricultural policy distortions in all trading countries and agricultural production decisions in the United States, as well as subsequent environmental quality in the presence and absence of nondegradation environmental standards. The results suggest that trade liberalization has the potential to increase domestic production and boost agricultural returns by as much as 8.5 percent. Consumer surplus would likely fall, and the discharge of nutrients, sediment, and pesticides would likely increase. However, environmental policies can limit these adverse environmental impacts and mute the potential decrease in consumer surplus, while leaving increased returns to agricultural production.

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Publisher Info
Article provided by Northeastern Agricultural and Resource Economics Association in its journal Agricultural and Resource Economics Review.

Volume (Year): 34 (2005)
Issue (Month): 1 (April)
Pages:
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Handle: RePEc:ags:arerjl:10195

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Related research
Keywords: agriculture; trade reform; environment; nondegradation; Environmental Economics and Policy; International Relations/Trade;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Lopez Ramon, 1994. "The Environment as a Factor of Production: The Effects of Economic Growth and Trade Liberalization," Journal of Environmental Economics and Management, Elsevier, vol. 27(2), pages 163-184, September. [Downloadable!] (restricted)
  2. Westcott, Paul C. & Young, C. Edwin & Price, J. Michael, 2002. "The 2002 Farm Act: Provisions And Implications For Commodity Markets," Agricultural Information Bulletins 33745, United States Department of Agriculture, Economic Research Service. [Downloadable!]
  3. M.A. Cole & A.J. Rayner & J.M. Bates, 1998. "Trade Liberalisation and the Environment: The Case of the Uruguay Round," The World Economy, Blackwell Publishing, vol. 21(3), pages 337-347, 05. [Downloadable!] (restricted)
  4. Werner Antweiler & Brian R. Copeland & M. Scott Taylor, 2001. "Is Free Trade Good for the Environment?," American Economic Review, American Economic Association, vol. 91(4), pages 877-908, September. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Johansson, Robert C. & Livingston, Michael J. & Westra, John & Guidry, Kurt, 2006. "Simulating the U.S. Impacts of Alternative Asian Soybean Rust Treatment Regimes," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 35(1), April. [Downloadable!]
  2. Fernandez-Cornejo, Jorge & Nehring, Richard & Newcomb Sinha, Elizabeth & Grube, Arthur & Vialu, Alexandre, 2009. "Assessing Recent Trends in Pesticide Use in U.S. Agriculture," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49271, Agricultural and Applied Economics Association. [Downloadable!]
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This page was last updated on 2009-12-11.


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