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International Effects Of Canada'S Western Grain Stabilization Program

Author

Listed:
  • Cameron, D. Lynne
  • Spriggs, John

Abstract

Canada's Western Grain Stabilization program is analyzed to determine the extent to which it acts as a buffer between the Canadian grains economy and the international grains economy. A dynamic stochastic simulation model is constructed to examine how Canada's Western Grain Stabilization Program modifies the transmission of: (a) domestic yield variability to the foreign grain market and (b) foreign demand variability to the domestic grains market. With respect to (a), the program was found to aggravate international uncertainty only very slightly while with respect to (b) it was found to substantially reduce domestic uncertainty.

Suggested Citation

  • Cameron, D. Lynne & Spriggs, John, 1991. "International Effects Of Canada'S Western Grain Stabilization Program," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 16(2), pages 1-11, December.
    • Handle: RePEc:ags:wjagec:32591
    DOI: 10.22004/ag.econ.32591
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    References listed on IDEAS

    as
    1. Roningen, Vernon O. & Dixit, Praveen M., 1989. "Economic Implications Of Agricultural Policy Reforms In Industrial Market Economies," Staff Reports 278843, United States Department of Agriculture, Economic Research Service.
    2. John Spriggs & G.C. Kooten, 1988. "Rationale for Government Intervention in Canadial Agriculture: A Review of Stabilization Programs," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 36(1), pages 1-21, March.
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    Cited by:

    1. Andrew Schmitz, 2008. "Canadian Agricultural Programs and Policy in Transition," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 56(4), pages 371-391, December.
    2. Unterschultz, James R. & Jeffrey, Scott R. & Quagrainie, Kwamena K., 2000. "Value-Adding 20 Billion By 2005: Impact At The Alberta Farm Gate," Project Report Series 24049, University of Alberta, Department of Resource Economics and Environmental Sociology.

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