Differentiated products and supply controls in the analysis of agricultural policy reform: the case of tobacco
利用美国烟草和卷烟行业的多市场模型,分析了放松生产配额和降低进口关税对烟草生产者的影响,强调了在农业政策分析中纳入差异化产品和供给控制假设的重要性。
ABSTRACT With a multi‐market model of the U.S. tobacco and cigarette industries, we analyze the impact of a reduction in the assistance to U.S. tobacco producers by relaxing production quotas with nonbinding price support and by lowering tariffs on tobacco imports. The results show the importance of incorporating differentiated product and supply control assumptions into agricultural policy analysis.