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Theoretical Examination of the Conditions of Best Management Practices Adoption and the Easing of Trade Distortion for Sugar

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  • Lee, Young-Jae

Abstract

In this study it is examined to see that if the government subsidy compensating for the additional cost of adopting best management practices (BMP) is equal to marginal net benefit, will farmers then try to adopt BMP at every level of TRQ and FMA without exhibiting concerns over the form of their production function and, also, will this then imply an ability on the part of the government to lighten importing and market restrictions on sugar.

Suggested Citation

  • Lee, Young-Jae, 2008. "Theoretical Examination of the Conditions of Best Management Practices Adoption and the Easing of Trade Distortion for Sugar," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6826, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeaed:6826
    DOI: 10.22004/ag.econ.6826
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    References listed on IDEAS

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    1. Amani Elobeid & John Beghin, 2006. "Multilateral Trade and Agricultural Policy Reforms in Sugar Markets," Journal of Agricultural Economics, Wiley Blackwell, vol. 57(1), pages 23-48, March.
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