European economic integration and the consequences for US agriculture

James Gleckler, Robert Koopman and Luther Tweeten
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James Gleckler: Agriculture and Economics Faculty, Northeastern Oklahoma A&M College, Miami, Postal: Agriculture and Economics Faculty, Northeastern Oklahoma A&M College, Miami
Luther Tweeten: Agricultural Marketing, Policy, and Trade, Department of Agricultural Economics and Rural Sociology, The Ohio State University, Columbus, Postal: Agricultural Marketing, Policy, and Trade, Department of Agricultural Economics and Rural Sociology, The Ohio State University, Columbus

Agribusiness, 1993, vol. 9, issue 4, 325-337

Abstract: The economics of agriculture favors acceptance by the European Community (EC) of members of the European Free Trade Association (EFTA) before former members of the East Bloc. Analysis indicates the considerable agricultural production bread basket potential of Central and East Europe will be unleased first by market-directed economies and later by integration with the EC-if the latter occurs. US consumers gain more than producers lose so economic welfare of Americans is raised modestly. US producers of most commodities lose from East European adjustments to a market orientation and merger with the EC. An EFTA merger mitigates these losses to US producers. © 1993 John Wiley & Sons, Inc.

Date: 1993
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Working Paper: European Economic Integration and the Consequences for U.S. Agriculture (1991)
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Persistent link: https://EconPapers.repec.org/RePEc:wly:agribz:v:9:y:1993:i:4:p:325-337

DOI: 10.1002/1520-6297(199307)9:4<325::AID-AGR2720090404>3.0.CO;2-F

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