Chance Governs All: The Fragmented, Frustating State Of Agricultural Trade Policy In The United States
AbstractThe U.S. agricultural policy process is marked by a proliferation of organized interests and rising transaction costs. These pose a barrier for countries negotiating with the United States on trade issues. This paper examines the causes of this proliferation of interests, the impact of this proliferation on trade policy decisions, and the consequences of these escalating transaction costs for countries negotiating with the United States. The results suggest that other countries must anticipate that the U.S. position in trade negotiations will be the result of an accommodation of conflicting interests and that any agreement will pass Congress only if it contains gains for U.S. export industries.
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Bibliographic InfoPaper provided by Michigan State University, Department of Agricultural, Food, and Resource Economics in its series Staff Papers with number 11769.
Date of creation: 2000
Date of revision:
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Postal: Justin S. Morrill Hall of Agriculture, 446 West Circle Dr., Rm 202, East Lansing, MI 48824-1039
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Web page: http://www.aec.msu.edu/agecon/
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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.:
- David Orden, 1994.
"Agricultural Interest Groups and the North American Free Trade Agreement,"
NBER Working Papers
4790, National Bureau of Economic Research, Inc.
- David Orden, 1996. "Agricultural Interest Groups and the North American Free Trade Agreement," NBER Chapters, in: The Political Economy of American Trade Policy, pages 335-384 National Bureau of Economic Research, Inc.
- Deardorff, A.V. & Stern, R., 1997. "An Overview of the Modelling of the Choices and Consequences of U.S. Trade Policy," Working Papers 400, Research Seminar in International Economics, University of Michigan.
- Paul Krugman, 1991.
"The move toward free trade zones,"
Proceedings - Economic Policy Symposium - Jackson Hole,
Federal Reserve Bank of Kansas City, pages 7-58.
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