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GATT and CAP Reform: Different, Similar, or Redundant?



Agricultural production, consumption, and trade patterns are being influenced by major economic and policy changes. Among the most important are the reform of the CAP and a possible GATT agreement. A baseline containing CAP reform is compared to a GATT agreement and a scenario without CAP reform to obtain the impacts of these changes on world trade and prices of agricultural commodities.

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  • Michael D. Helmar & William H. Meyers & Dermot J. Hayes, 1993. "GATT and CAP Reform: Different, Similar, or Redundant?," Center for Agricultural and Rural Development (CARD) Publications 93-gatt4, Center for Agricultural and Rural Development (CARD) at Iowa State University.
  • Handle: RePEc:ias:cpaper:93-gatt4

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    References listed on IDEAS

    1. Fama, Eugene F & Jensen, Michael C, 1983. "Agency Problems and Residual Claims," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 327-349, June.
    2. Kislev, Yoav & Lerman, Zvi & Zusman, Pinhas, 1989. "Credit cooperatives in Israeli agriculture," Policy Research Working Paper Series 156, The World Bank.
    3. Appelbaum, Elie & Katz, Eliakim, 1987. "Seeking Rents by Setting Rents: The Political Economy of Rent Seeking," Economic Journal, Royal Economic Society, vol. 97(387), pages 685-699, September.
    4. Fama, Eugene F & Jensen, Michael C, 1983. "Separation of Ownership and Control," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 301-325, June.
    5. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
    6. Zusman, Pinhas, 1976. "The Incorporation and Measurement of Social Power in Economic Models," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 17(2), pages 447-462, June.
    7. Eggertsson,Thrainn, 1990. "Economic Behavior and Institutions," Cambridge Books, Cambridge University Press, number 9780521348911, March.
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    Cited by:

    1. Westhoff, Patrick C. & Fabiosa, Jacinto F. & Beghin, John C. & Meyers, William H., 2004. "Challenges in Modeling the Effects of Trade Agreements on the Agricultural Sector," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 36(02), August.
    2. Matthews, Alan, 1996. "The disappearing budget constraint on EU agricultural policy," Food Policy, Elsevier, vol. 21(6), pages 497-508, December.

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