The Impact of Trade Openness on Technical Efficiency in U.S. Agriculture

This study addresses the impact of trade openness on technical efficiency in the U.S. agricultural sector. The results indicate that trade protectionism illustrated with a decrease in the share of agricultural imports in agricultural GDP led to an increase in technical efficiency. A change in the share of agricultural exports in agricultural GDP had no impact on technical efficiency. These results are partially consistent with the premise of the new trade theory, but also seem to be driven by the intricacies of the agricultural sector and agricultural policy in the United States and internationally.


Issue Date:
2010-04
Publication Type:
Report
PURL Identifier:
http://purl.umn.edu/95749
Total Pages:
18
Series Statement:
Agribusiness and Applied Economics Report
660




 Record created 2017-04-01, last modified 2017-08-25

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