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Impacts of Trade and Macroeconomic Linkages on Canadian Agriculture
Author(s) -
Lachaal Lassaad,
Womack Abner W.
Publication year - 1998
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1244555
Subject(s) - agriculture , economics , incentive , econometric model , trade volume , international economics , world trade , agricultural economics , international trade , econometrics , geography , market economy , archaeology
Implications of trade and macroeconomic policies on the performance of the Canadian agricultural sector were analyzed using a structural econometric model. Results indicated that had Canada been more integrated with the world economy, its volume of trade would have been 3% higher than its actual level, and much greater price incentives for agriculture would have occurred.