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GATT & Agriculture: The Concept of PSE's (Producer Subsidy Equivalents) and CSE's (Consumer Subsidy Equivalents)

Author

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  • Hudson, William J.
  • Economic Research Service

Abstract

Excerpt from the booklet: Governments use a variety of policies to achieve their agricultural goals. Many policies are, in effect, subsidies or taxes on producers or consumers. Regardless of the form of these policy interventions, they nearly always have some distorting effect on trade among nations. Aggregate measures of support, such as the producer subsidy equivalent and the consumer subsidy equivalent, may help negotiators of a new GATT attain common ground for reducing barriers to international trade.

Suggested Citation

  • Hudson, William J. & Economic Research Service, 1989. "GATT & Agriculture: The Concept of PSE's (Producer Subsidy Equivalents) and CSE's (Consumer Subsidy Equivalents)," Miscellaneous Publications 330591, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:330591
    DOI: 10.22004/ag.econ.330591
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    File URL: https://ageconsearch.umn.edu/record/330591/files/ERSmp1468.pdf
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    Cited by:

    1. Roningen, Vernon Oley, 1992. "Documentation of the Dynamic World Policy Simulation (DWOPSIM) Model Building Framework," Staff Reports 278681, United States Department of Agriculture, Economic Research Service.

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