THE IMPACTS OF EXPORT SUBSIDY REDUCTION COMMITMENTS IN THE AGREEMENT ON AGRICULTURE

Abstract

The effectiveness of limits and reductions in both export volumes subsidized and value of export subsidies in agriculture is evaluated. A perspective on consumer versus producer financed export subsidies is given. We analyze factors affecting the effectiveness of volume versus value commitments. Statistical analysis of EU export subsidies analyzes the mean and variance of bindings.Agricultural and Food Policy, International Relations/Trade,