scholarly journals The trade and welfare impacts of the U.S. retaliatory tariff on EU olive oil

2021 ◽  
Author(s):  
A. Malek Hammami ◽  
John C. Beghin
Keyword(s):  
2009 ◽  
Vol 38 (3) ◽  
pp. 418-430 ◽  
Author(s):  
Shida Rastegari Henneberry ◽  
Joao E. Mutondo ◽  
B. Wade Brorsen

An equilibrium displacement model of the U.S. meat markets is used to measure the potential impacts of promotion investment, differentiating meats by types and by supply source, taking into account the U.S. participation in global meat markets, and considering imperfect competition in the meat industry. The increase in U.S. producer welfare resulting from a 10 percent increase in promotion ranges from -$1.29 million to $2.60 million for U.S. beef producers and from -$0.96 million to $1.67 million for U.S. pork producers, depending primarily on the advertising elasticity used.


2019 ◽  
Vol 51 (3) ◽  
pp. 368-384
Author(s):  
Wilson Sinclair ◽  
Amanda M. Countryman

AbstractAfter Mexican sugar producers gained unlimited, tariff-free access to the U.S. market in 2008, U.S. and Mexican governments bilaterally agreed to constrain Mexico’s sugar exports to the United States because of dumping allegations by U.S. producers in December 2014. This analysis employs a dynamic partial equilibrium model to estimate the price and welfare impacts of the U.S.-Mexico agreement by simulating the reimplementation of North American Free Trade Agreement sugar policies. Estimates suggest liberalizing the market would decrease U.S. sugar prices, translating to an average annual decrease in producer surplus of approximately $660 million and increase in consumer surplus of $1.67 billion across the simulation.


2001 ◽  
Vol 31 (11) ◽  
pp. 1958-1967 ◽  
Author(s):  
Daowei Zhang

This paper investigates welfare impacts of the 1996 United States – Canada Softwood Lumber (trade) Agreement (SLA), which set up a tariff-regulated quota system to restrict softwood lumber export from Canada to the United States. An aggregate price model is used to estimate the price impact of the SLA, and the implied quantity and welfare effects are examined. The results show that while the anticipated change in lumber price is about $59 in 1997 U.S. dollars or 16%, on average, for the first 4 years under the SLA, the gains to U.S. producers of softwood lumber are large and the losses to U.S. consumers are much larger. In addition, Canadian producers have benefitted from the SLA in the U.S. market, and the Canadian government has collected a small amount of additional export fees. As the overall efficiency costs of the SLA are modest, the SLA can be seen as an effective means of welfare transfer from U.S. consumers to the U.S. and Canadian producers. These results should provide a framework for ongoing trade policy debate.


Agribusiness ◽  
2016 ◽  
Vol 32 (3) ◽  
pp. 329-342 ◽  
Author(s):  
Luigi Roselli ◽  
Domenico Carlucci ◽  
Bernardo Corrado De Gennaro

2014 ◽  
Vol 45 (S1) ◽  
pp. 107-118 ◽  
Author(s):  
Bo Xiong ◽  
Daniel Sumner ◽  
William Matthews
Keyword(s):  

Author(s):  
Fatemeh Mokhtarzadeh ◽  
G. Cornelis van Kooten

Abstract The REPA spatial price equilibrium model developed in Chapter 4 is used to investigate the regional welfare impacts of a quota on exports of Canadian softwood lumber to the U.S. In the model, Canada is divided into seven regions and the U.S. into five regions, with the rest of the world constituting a 13th region; the model is calibrated to the bilateral trade flows that existed in 2016 when there was free trade in lumber. Various quota levels are examined in terms of their impact on producers and consumers in both countries. Canadian producers are found to be better off with a hard quota compared with free trade, although the quota leads to a reduction in market share while driving a wedge between Canadian and U.S. prices, both of which are aggravated with harder quotas. Overall, the loss of export sales to the U.S. is not recouped with sales to the rest of the world. The REPA model is also used to examine the impact of EU demand for wood pellets to generate electricity. Results indicate that pellet prices will approximately double.


2018 ◽  
Vol 09 (01) ◽  
pp. 1840004 ◽  
Author(s):  
JUSTIN CARON ◽  
JEFFERSON COLE ◽  
RICHARD GOETTLE ◽  
CHIKARA ONDA ◽  
JAMES MCFARLAND ◽  
...  

This paper presents a multi-model assessment of the distributional impacts of carbon pricing. A set of harmonized representative CO2 taxes and tax revenue recycling schemes is implemented in five large-scale economy-wide general equilibrium models. Recycling schemes include various combinations of uniform transfers to households and labor and capital income tax reductions. Particular focus is put on equity — the distribution of impacts across household incomes — and efficiency, evaluated in terms of household welfare. Despite important differences in the assumptions underlying the models, we find general agreement regarding the ranking of recycling schemes in terms of both efficiency and equity. All models identify a clear trade-off between efficient but regressive capital tax reductions and progressive but costly uniform transfers to households; all agree upon the inferiority of labor tax reductions in terms of welfare efficiency; and all agree that different combinations of capital tax reductions and household transfers can be used to balance efficiency and distributional concerns. A subset of the models go further and find that equity concerns, particularly regarding the impact of the tax on low income households, can be alleviated without sacrificing much of the double-dividend benefits offered by capital tax rebates. There is, however, less agreement regarding the progressivity of CO2 taxation net of revenue recycling. Regionally, the models agree that abatement and welfare impacts will vary considerably across regions of the U.S. and generally agree on their broad geographical distribution. There is, however, little agreement regarding the regions which would profit more from the various recycling schemes.


2016 ◽  
Vol 46 (7) ◽  
pp. 950-958 ◽  
Author(s):  
Rajan Parajuli ◽  
Daowei Zhang

In this paper, we evaluate the market and welfare effects of the 2006 United States (U.S.) – Canada Softwood Lumber Agreement (SLA 2006) based on a U.S. import demand model for Canadian softwood lumber. We find that SLA 2006 reduces the U.S. lumber imports from Canada by 7.78% in the months when export taxes took effect. The welfare analysis based on a partial equilibrium framework shows that U.S. lumber producers gained $1.6 billion and U.S. consumers lost $2.3 billion in 9 years under SLA 2006.


Author(s):  
R. D. Heidenreich

This program has been organized by the EMSA to commensurate the 50th anniversary of the experimental verification of the wave nature of the electron. Davisson and Germer in the U.S. and Thomson and Reid in Britian accomplished this at about the same time. Their findings were published in Nature in 1927 by mutual agreement since their independent efforts had led to the same conclusion at about the same time. In 1937 Davisson and Thomson shared the Nobel Prize in physics for demonstrating the wave nature of the electron deduced in 1924 by Louis de Broglie.The Davisson experiments (1921-1927) were concerned with the angular distribution of secondary electron emission from nickel surfaces produced by 150 volt primary electrons. The motivation was the effect of secondary emission on the characteristics of vacuum tubes but significant deviations from the results expected for a corpuscular electron led to a diffraction interpretation suggested by Elasser in 1925.


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