A Multicommodity Analysis of Trade Policy Effects: The Case of Nicaraguan Agriculture
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Agricultural trade policies for a small country are analyzed, using a simple, multicommodity, quadratic programming, agricultural sector model. The policy conditions simulated include: 1) quantitative trade restrictions given an uncertain world market; 2) export taxation; and 3) import subsidies. The multicommodity sectoral-wide coverage permits analysis of the factor-product market linkages and enables identification of the distributional consequences.-Authors
author list (cited authors)
Fajardo, D., McCarl, B. A., & Thompson, R. L.