Deakin University, Faculty of Business and Law, Department of Economics
Abstract
The thesis comprises three essays investigating the effect of US farm subsidies on its international trade. The results, after accounted for potential endogeneity, indicate that US farm subsidies have significant on US exports, and imports at both aggregate and disaggregate level. The finding would have important implications for policy makers and trade negotiators in the context that reform in agricultural sector is the central debate in Doha Rounds among WTO members