Nonfarm Prospects Under Agricultural Liberalization

Maureen Kilkenny

Staff General Research Papers Archive from Iowa State University, Department of Economics

Abstract: What does the United States stand to gain from liberalizing international trade in agriculture? This article estimates potential dollar gains and simulates the relocation of workers out of agriculture and into nonfarm activities. Different nonfarm sectors would expand under three cases of macroeconomic adjustment to the change in farm policies. The benefits of full liberalization would arise largely from the implied reduction in the Federal budget deficit. The greatest benefits would result if in addition to liberalization, macroeconomic policies that stimulate investment or net exports were pursued.

Date: 1991-07-01
References: Add references at CitEc
Citations:

Published in Journal of Agricultural Economics Research, Summer 1991,

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Nonfarm Prospects Under Agricultural Liberalization (1991)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:isu:genres:11123

Access Statistics for this paper

More papers in Staff General Research Papers Archive from Iowa State University, Department of Economics Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070. Contact information at EDIRC.
Bibliographic data for series maintained by Curtis Balmer ().