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International Differences in the Agricultural Price Level: Factor Endowments, Transportation Costs, and the Political Economy of Agricultural Protection

  • Christopher Clague

    (University of Maryland)

  • Arna Desser

    (Mount Holyoke College)

Registered author(s):

    This 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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    File URL: http://college.holycross.edu/RePEc/eej/Archive/Volume24/V24N3P281_292.pdf
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    Article provided by Eastern Economic Association in its journal Eastern Economic Journal.

    Volume (Year): 24 (1998)
    Issue (Month): 3 (Summer)
    Pages: 281-292

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    Handle: RePEc:eej:eeconj:v:24:y:1998:i:3:p:281-292
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