International Differences in the Agricultural Price Level: Factor Endowments, Transportation Costs, and the Political Economy of Agricultural Protection
AbstractThis paper presents a model of the agricultural producer price level as a function of a country's structure of agricultural trade and its protection of agriculture. In turn, the structure of a country's agricultural trade is a function of its resource endowment and its level of agricultural protection. The level of agricultural protection is a function of the political strength of farmers and of the structure of its agricultural trade. These relationships are estimated in a simultaneous equation framework.
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Bibliographic InfoArticle provided by Eastern Economic Association in its journal Eastern Economic Journal.
Volume (Year): 24 (1998)
Issue (Month): 3 (Summer)
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Agricultural Trade; Agriculture; Prices; Protection; Trade;
Find related papers by JEL classification:
- Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
- Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
- F11 - International Economics - - Trade - - - Neoclassical Models of Trade
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