"GREEN BOX" MEASURES FOR AGRICULTURAL SUPPORT: HOW DECOUPLED CAN THEY REALLY BE? AN INVESTIGATION WITHIN SAM AND CGE FRAMEWORKS

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The Uruguay Round Agreement on Agriculture classified some subsidies as "Green Box" measures and presuming that they would not distort production/trade patterns, kept them outside the AMS reduction commitments. This study investigates the validity of this view through simulation results from SAM multiplier and CGE analyses for the US economy.

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