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Economic Evaluation of SPS Regulations: Where Can Progress be Made?

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Author Info
Romano, Eduardo
Thornsbury, Suzanne
Abstract

The purpose of this paper is to report on the current state of economic evaluations for sanitary and phytosanitary (SPS) regulations affecting food and agricultural trade. The paper reviews current theoretical and econometric advances and limitations in modeling SPS regulations, particularly in dealing with biological and environmental uncertainty. By systematizing limitations of current approaches for evaluation, and comparing them with approaches used in the public health arena, the paper identifies problematic areas, and suggests steps for immediate analytical and policy progress.

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Paper provided by Michigan State University, Department of Agricultural, Food, and Resource Economics in its series Staff Papers with number 36946.

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Date of creation: Oct 2007
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Handle: RePEc:ags:midasp:36946

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  1. Knowler, Duncan & Barbier, Edward, 2005. "Importing exotic plants and the risk of invasion: are market-based instruments adequate?," Ecological Economics, Elsevier, vol. 52(3), pages 341-354, February. [Downloadable!] (restricted)
  2. Roberts, Donna & Unnevehr, Laurian & Caswell, Julie & Sheldon, Ian & Wilson, John & Otsuki, Tsunehiro & Orden, David, 2001. "The Role Of Product Attributes In The Agricultural Negotiations," Commissioned Papers 14620, International Agricultural Trade Research Consortium. [Downloadable!]
  3. Richard T. Carson & Robert Cameron Mitchell & Michael Hanemann & Raymond J. Kopp & Stanley Presser & Paul Ruud, 1995. "Contingent Valuation and Lost Passive Use: Damages from the Exxon Valdez," University of California at San Diego, Economics Working Paper Series 95-02, Department of Economics, UC San Diego.
  4. Weitzman Martin L., 1994. "On the Environmental Discount Rate," Journal of Environmental Economics and Management, Elsevier, vol. 26(2), pages 200-209, March. [Downloadable!] (restricted)
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  5. Holden, Stein & Shiferaw, Bekele & Pender, John, 2005. "Policy analysis for sustainable land management and food security in Ethiopia: a bioeconomic model with market imperfections," Research reports 140, International Food Policy Research Institute (IFPRI). [Downloadable!]
  6. Roberts, Donna & Josling, Timothy E. & Orden, David, 1999. "A Framework for Analyzing Technical Trade Barriers in Agricultural Markets," Technical Bulletins 33560, United States Department of Agriculture, Economic Research Service. [Downloadable!]
  7. Ainslie, George, 1991. "Derivation of "Rational" Economic Behavior from Hyperbolic Discount Curves," American Economic Review, American Economic Association, vol. 81(2), pages 334-40, May. [Downloadable!] (restricted)
  8. Weitzman, Martin L., 1998. "Why the Far-Distant Future Should Be Discounted at Its Lowest Possible Rate," Journal of Environmental Economics and Management, Elsevier, vol. 36(3), pages 201-208, November. [Downloadable!] (restricted)
  9. Cropper, Maureen & Laibson, David, 1998. "The implications of hyperbolic discounting for project evaluation," Policy Research Working Paper Series 1943, The World Bank. [Downloadable!]
  10. Peterson, Everett & Evangelou, Phylo & Orden, David & Bakshi, Nishita, 2004. "An Economic Assessment Of Removing The Partial U.S. Import Ban On Fresh Mexican Hass Avocados," 2004 Annual meeting, August 1-4, Denver, CO 19938, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  11. Newell, Richard G. & Pizer, William A., 2004. "Uncertain discount rates in climate policy analysis," Energy Policy, Elsevier, vol. 32(4), pages 519-529, March. [Downloadable!] (restricted)
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