Theoretical Examination of the Conditions of Best Management Practices Adoption and the Easing of Trade Distortion for Sugar

Young-Jae Lee

No 6826, 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas from Southern Agricultural Economics Association

Abstract: In this study it is examined to see that if the government subsidy compensating for the additional cost of adopting best management practices (BMP) is equal to marginal net benefit, will farmers then try to adopt BMP at every level of TRQ and FMA without exhibiting concerns over the form of their production function and, also, will this then imply an ability on the part of the government to lighten importing and market restrictions on sugar.

Keywords: Agribusiness (search for similar items in EconPapers)
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Date: 2008
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