November 1998 SCSB# 390

TRADE, POLICY AND COMPETITION:
FORCES SHAPING
AMERICAN AGRICULTURE PROCEEDINGS

Curtis M. Jolly (Editor), Stanley M. Fletcher (Editor),
Lynn P. Kennedy (Editor), and William Amponsah (Editor)

For a complete list of regional project committee members and other contributing authors,
see LIST OF CONTRIBUTORS


Abstract

This bulletin on trade, policy, and competition is the result of a regional effort at studying the selected factors and policies influencing agricultural trade in the Southern States. The cooperative research bulletin is the outcome of a set of papers presented in Washington, D.C. in 1997 by researchers belonging to, or associated with, the Southern Regional Agricultural Trade Research Group (S-256).

Factors and policies affecting international marketing of export crops from the Southern States are addressed. Exchange rates had little or no effect on U.S. agricultural exports to NAFTA countries. Contrary to common expectations, no empirical relationship existed between inventory levels and trade. Non-price promotion programs designed to assist farmers and taxpayers were not cost effective. Effects of agricultural policy changes of the European Union, brought about by changes in GATT and the WTO, would benefit southern farmers. However, programs that result in increased imports of locally produced commodities exert downward pressure on domestic prices and reduce farm revenue. Changes in domestic programs for peanuts, for example, would result in a loss of income to U.S. peanut growers and decreased economic activity in concentrated peanut production areas.

It was important to examine the balance between the manipulation of trade variables and the use of macroeconomic policies in influencing trade. International macroeconomic policies were as important in extending U.S. exports, for crops such as broilers, as the use of domestic programs.


Table of Contents

  • Introduction
  • Chapter 1: Effects of Agricultural Policy Changes in the European Union on Selected Agricultural Products in the Southeastern United States
  • Chapter 2: Policy, Trade, and Competition: Forces Shaping the U.S. Peanut Industry
  • Chapter 3: Broiler Exports: A Structural Time Series Approach
  • Chapter 4: European Integration and GATT: The Impact on United States Agriculture
  • Chapter 5: Forecasting Mexican Import Demand for Dairy Products
  • Chapter 6: Sanitary Regulations and Canadian - U.S. Trade in Cattle: An Evaluation of the Northwest Pilot Project
  • Chapter 7: U.S. Agricultural Trade with Mexico: What Is the Role of Trade Assistance with Our Southern Neighbor?
  • Chapter 8: The Canada–U.S. Free Trade Agreement: Competitive Tradeoffs Between Foreign Direct Investment and Trade
  • Chapter 9: Measuring the Effectiveness of Nonprice Promotion of U.S. Agricultural Exports Using a Supply-Side Approach
  • Chapter 10: Inventory Behavior and the Competitiveness of Agricultural Commodities

    This bulletin from Regional Project S-256 included researchers from Mississippi, Georgia, North Carolina, Louisiana, Alabama, West Virginia, Texas, Kentucky, and Montana. It is being electronically published with the approval of the Directors of the Southern Agricultural Experiment Stations. Under the procedure of cooperative publications, it becomes in effect, a separate publication for each of the cooperating stations listed.

    Employment and program opportunities are offered to all people regardless of race, color, national origin, sex, age, or disability. Alabama Agricultural Experiment
    Station, Auburn University, Alabama

    Document Prepared by:
    Leigh H. Stribling, lstribli@acesag.auburn.edu
    Alabama Agricultural Experiment Station
    Auburn University

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