REGIONAL IMPACT OF TRADE LIBERALIZATION ON THE INCOME OF U.S. GRAIN/LIVESTOCK FARMERS

Estimates of the change in 1970 net farm income resulting from free trade in grains and livestock are derived for ten production regions of the United States. Grains and losses are distributed by six economic classes of farm. Two inequality indices are used to assess the impact on the distribution of income. Although free trade leads to greater inter-regional inequality, intra-regional inequality declines. The net effect is a decline in total inequality. The qualitative relevance of these results under current conditions is supported by their robustness to change in assumed income gains.


Issue Date:
1978-07
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/32403
Published in:
Western Journal of Agricultural Economics, Volume 03, Number 1
Page range:
31-38
Total Pages:
8




 Record created 2017-04-01, last modified 2017-04-27

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