FACTOR MARKET INCIDENCE OF AGRICULTURAL TRADE LIBERALIZATION: SOME ADDITIONAL RESULTS

Thomas Hertel

Australian Journal of Agricultural Economics, 1991, vol. 35, issue 01, 17

Abstract: Liberalization of trade implies changes in producer prices, which has consequences for farm income, agricultural employment and asset values. The relative incidence of the effect of changes in prices on fixed factors depends on the rclative magnitude of the Morishima elasticities of substitution in agricultural production.

Keywords: International; Relations/Trade (search for similar items in EconPapers)
Date: 1991
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Citations: View citations in EconPapers (5)

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Journal Article: FACTOR MARKET INCIDENCE OF AGRICULTURAL TRADE LIBERALIZATION: SOME ADDITIONAL RESULTS (1991)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ajaeau:22929

DOI: 10.22004/ag.econ.22929

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