MEASURING INEFFICIENCY IN THE PRESENCE OF AN EXPORT TAX, AN IMPORT TARIFF, AND A STATE TRADING ENTERPRISE

Agricultural sales cooperative unions (ASCUs) in Turkey are heavily influenced by both domestic and international government policies. Both export taxes and import tariffs are used as policy tools to regulate cotton markets. Domestic price support programs, water subsidies, fertilizer subsidies, and credit subsidies have also been used as domestic policy tools. These types of subsidies are not uncommon among developing countries. This paper provides empirical estimates of the degree of economic inefficiency associated with government intervention in Turkish cotton markets. A two-region partial equilibrium model of cotton exports and imports is developed under the "small country assumption" to obtain empirical estimates of the deadweight welfare loss associated with these government subsidies. Although government intervention results in significant income distribution among the various cotton sectors within Turkey, the overall economic inefficiency of the redistribution is very low.export tax, tariff, agricultural policy, Turkey, cotton, agricultural cooperatives, welfare, state trading enterprises, International Relations/Trade,

The Complexities of the Interface between Agricultural Policy and Trade

Tariff and non-tariff barriers are widespread as applied to agricultural trade. The theory of gains from trade considers the impacts of free trade relative to no trade and to non-tariff barriers, while the theory of agricultural policy generally places little weight on the international trading sector. However, it is necessary to combine agricultural policy with the international trading sector so that agricultural policy instruments such as price supports are considered together with barriers to trade such as tariffs. This is possible within the context of welfare economics when considering the costs and benefits of alternative agricultural and trade policies.agricultural policy, biofuels, export taxes, gains from trade, tariffs, Agribusiness, Agricultural and Food Policy, Agricultural Finance, Environmental Economics and Policy, International Relations/Trade, Political Economy, Production Economics,

AN ECONOMIC ANALYSIS OF INTERNATIONAL FEED AND MALTING BARLEY MARKETS: AN ECONOMETRIC SPATIAL OLIGOPOLISTIC APPROACH

A "hybrid" spatial price equilibrium model is developed to evaluate changes in production, consumption, and trade of feed and malting barley under alternative domestic and agricultural trade policy regimes. The analysis includes the economic welfare impacts of changes in various farm subsidy programs on the United States, Canada, Australia, and European Union (EU-15) which are the four major barley exporting countries in the world. The actions of competitive U.S. grain traders under the Export Enhancement Program cause feed barley exports to be segmented into two distinct markets. A spatial equilibrium is established in which the Canadian Wheat Board and Australian marketing boards behave as oligopolists in export markets under arbitrage conditions induced by U.S. and EU-15 grain traders.Malting, Feed, Farm Subsidy, Trade Policy, Export Market, Welfare, International Relations/Trade,

A SYSTEM-WIDE APPROACH FOR ANALYZING JAPANESE WHEAT IMPORT ALLOCATION DECISIONS

This paper develops and implements an import allocation model based on Theil's system-wide approach to demand and tests the assumption of blockwise dependence and uniform substitutability among different sources and types of wheat imported by Japan.Crop Production/Industries, International Relations/Trade, Research Methods/ Statistical Methods,

STATE TRADING ENTERPRISES AND REVENUE GAINS FROM MARKET POWER: THE CASE OF BARLEY MARKETING AND THE CANADIAN WHEAT BOARD

According to the U.S. General Accounting Office, the Canadian Wheat Board (CWB) is the largest state trading enterprise reporting to the World Trade Organization under article XVII requirements. This study estimates the market power exerted by the CWB in international barley markets. The analysis incorporates international price discrimination across markets for similar types of barley, the intertwining relationships between feed and malting barley markets, and producer behavior in the absence of the CWB. The CWB was able to capture an annual average of $72 million in additional revenue beyond the amount that would have been generated by purely competitive multiple sellers of Canadian barley during the period 1985-94.Marketing,

A SYSTEM-WIDE APPROACH FOR ANALYZING THE EFFECT OF EXCHANGE RATES ON FRESH APPLE IMPORT DEMAND

This study examines the impact of changes in exchange rate and import market composition on fresh apple import demand using source differentiated import demand functions. We modify the standard Rotterdam model to incorporate exchange rate effects by revisiting Barten's fundamental matrix equation of consumer demand theory and viewing exchange rate as a "sticky" preference variable. The results show that the preference variable had a significant impact on UK but not on Malaysian and Saudi Arabian import demands.International Relations/Trade,

IMPORT DEMAND FOR DISAGGREGATED FRESH FRUITS IN JAPAN

Using annual Japanese fresh fruit import data from 1971 to 1997, this study analyzes the import patterns of Japan's seven most popular fresh fruits by implementing and testing a general differential dmand system that nests four alternative import demand specifications. When tested against the general system using the five-good case (bananas, grapefutis, oranges, and lemons and aggregating pineapples, berries, and grapes), the analysis rejects the Almost Ideal Demand System and National Bureau of Research specifications but does not reject Rotterdam and Central Bureau of Statistics models. When estimated using the six-good case (bananas, grapefuits, oranges, lemons, and pineapples and aggregating berries and grapes), the analysis rejects all specifications except the Rotterdam model.Almost Ideal Demand System, consumer demand, fruit, import demand, Japan, Rotterdam, Demand and Price Analysis, C3, F1, Q0,

Import Demand for Disaggregated Fresh Fruits in Japan

Using annual Japanese fresh fruit import data from 1971-1997, this study analyzes the import patterns of Japan's seven most popular fresh fruits by implementing and testing a general differential demand system that nests four alternative import demand specifications. When tested against the general system using the five-good case (bananas, grapefruits, oranges, and lemons and aggregating pineapples, berries, and grapes), the analysis rejects the AIDS and NBR specifications, but does not reject Rotterdam and CBS. When estimated using the six-good case (bananas, grapefruits, oranges, lemons, pineapples, and aggregating berries and grapes), the analysis rejects all specifications except the Rotterdam model.Almost Ideal Demand System, consumer demand, fruit, import demand, Japan, Rotterdam model, Demand and Price Analysis, International Relations/Trade,

Welfare Implications of the Byrd Amendment

International Relations/Trade,