The 2002 U.S. farm bill has been widely criticized for increasing subsidies with detrimental effects on competing agricultural producers abroad and for undermining U.S. leadership in achieving liberalized world agricultural trade.

The gains to developing countries from agricultural reform in developed countries is found to benefit most, even the net food importers, although the gains vary depending on a country’s trade pattern.

There is a continuing debate about the role of changes in trade on the evolution of relative wages particularly the skilled-unskilled wage gap.

This paper presents the construction of a 1996 regionalized Social Accounting Matrix (SAM) for Mexico. The SAM differentiates production across five regions, four rural and a fifth "national" urban region.

The question whether production flexibility payments to farmers are likely to be minimally trade distorting is considered in an inter-temporal and economy wide context.

Growth in the first post-reform decade in Latin America has been disappointing, largely because of a severe slowdown after 1995 in the countries in South America.

Weather fluctuations, such as those caused by the El Niño Southern Oscillation (ENSO), add to the riskiness associated with agricultural production.

Much of the debate over whether or not developing countries gain from regional trade agreements (RTA's) has focused on two characteristics that are common to developing countries: their relatively high tariffs and their high trade dependencie

This paper uses a two-country, computable general equilibrium (CGE), trade model to analyze the impact on Mexico and the U.S. of the precipitous peso depreciation in late 1994 and early 1995, and of the policy response to the crisis.

Two empirical regularities in the beef-cattle sector have been observed for a long time. First, the time-series for cattle stock exhibits strong cyclicity with a period of several years.