Efficiency of Farm Programs, the Gains from Trade, and Compensation
分析农业计划效率与贸易扭曲的关系，并探讨效率提升后对贸易收益及补偿需求的影响，对GATT政策制定者评估贸易自由化收益有参考价值。
In a recent paper (Rausser, forthcoming 1992), Vercammen and Schmitz analyzed the relationship between efficiency of farm programs and their trade-distorting effects. They found that, in general, the more efficient a farm program, the lesser the trade-distorting impact. Exploration of the final link is now required; this is the relationship between efficiency of farm programs, compensation, and the grains from trade. Policymakers in the GATT process ultimately are interested in this question, since the larger the grains from trade liberalization, the greater the efforts devoted toward achieving freer trade. In addition, no link has not been explored between efficiency of farm programs and the degree to which compensation is needed to move from an inefficient to an efficient program. In other words, how much compensation is needed for the losers in order to achieve an efficient policy outcome?