The "30-30-30 Proposal": CGE Simulation of Unilateral Compliance by the USA to Partial Trade Liberalization

Maureen Kilkenny

No 271354, 1991 Annual Meeting, August 4-7, Manhattan, Kansas from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: A CGE model of the United States is applied to analyze unilateral compliance with the current partial liberalization proposal to the GATT. A key issue is voluntary participation in the programs. The main implications are that economywide real GDP could increase by $6 billion, farm income per FTE could rise by 3 percent, while returns to cropland fall by 15 percent.

Keywords: Agricultural and Food Policy; International Relations/Trade (search for similar items in EconPapers)
Pages: 15
Date: 1991-08-04
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea91:271354

DOI: 10.22004/ag.econ.271354

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