@article{Mahe:7457,
      recid = {7457},
      author = {Mahe, Louis Adrien Pascal and Tavera, Christophe},
      title = {Bilateral Harmonization of EC and U.S. Agricultural  Policies},
      address = {1988},
      number = {1702-2016-139923},
      series = {Bulletin 88-2},
      pages = {32},
      year = {1988},
      abstract = {Agricultural policies in both Europe and the United States  provide commodities with an excessively high and distorted  pattern of support. The economic interdependencies of the  policies give rise to adverse fiscal and economic costs,  which are viewed as disharmonies in the existing  policy
measures both within and between the two regions.  Unilateral and simultaneous EC and U.S. policy changes are  simulated with an international trade model. They are  carried in three steps: (1) grains and feeds, (2)
beef and  dairy, and (3) sugar. Both cross effects and own effects  are examined on typical policy targets. Results suggest  that while world prices are sometimes drastically altered,  the magnitude of cross effects is small and sometimes  ambiguous compared to own effects. Feed livestock
linkages  are dominant factors in the economic rationale behind the  interactions between countries. The case for cooperation in  this trade game is, however, supported by the evidence from  at least a budget point of view.},
      url = {http://ageconsearch.umn.edu/record/7457},
      doi = {https://doi.org/10.22004/ag.econ.7457},
}