Greener Acres or Greener Waters? Potential U.S. Impacts of Agricultural Trade Liberalization

Autor: Joseph C. Cooper, Robert C. Johansson, Utpal Vasavada
Rok vydání: 2005
Předmět:
Zdroj: Agricultural and Resource Economics Review. 34:42-53
ISSN: 2372-2614
1068-2805
DOI: 10.1017/s1068280500001568
Popis: This paper examines the elimination of all agricultural policy distortions in all trading countries and agricultural production decisions in the United States, as well as subsequent environmental quality in the presence and absence of nondegradation environmental standards. The results suggest that trade liberalization has the potential to increase domestic production and boost agricultural returns by as much as 8.5 percent. Consumer surplus would likely fall, and the discharge of nutrients, sediment, and pesticides would likely increase. However, environmental policies can limit these adverse environmental impacts and mute the potential decrease in consumer surplus, while leaving increased returns to agricultural production.
Databáze: OpenAIRE