If an export subsidy is efficient,that is, has a surplus transfer role, then there exists an implicit function relating the optimal level of the subsidy to the income target in the agricultural sector. If an export subsidy to the income target in the agricultural sector. If an export subsidy is inefficient no such function exists. We show that dependence exists in large-export equilibrium, not in small-export equilibrium and show that these results remain robust to concerns about domestic tax distortions. The failure of previous work to produce this result stems from its neglect of the income constraint on producer surplus in the programming problem transferring surplus from consumers and tax payers to farmers.
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出版者
Wiley
语言
英语
许可
Limited Access, Copyrighted; all rights reserved
类型
Journal Article; Journal Part
来源
American Journal of Agricultural Economics;84(1): 234-244
2024-10-31
2026-02-03
MODS