caa a22 4500 477077870 CHVBK 20180405111443.0 cr unu---uuuuu 170330e19960701xx s 000 0 eng 10.1007/BF00130408 doi (NATIONALLICENCE)springer-10.1007/BF00130408 Strategic agricultural trade policy interdependence and the exchange rate: A game theoretic analysis [Elektronische Daten] [P. Kennedy, Harald Von Witzke, Terry Roe] Strategic Agricultural Trade Policy Interdependence is modeled using a game theoretic framework. The model distinguishes between the European Community, the United States and a politically passive rest-of-the-world. Particular emphasis is placed on the effect of the exchange rate on the equilibrium outcome of this game. Without compensatory payments to those with the highest political influence, the results suggest that only modest reform is possible. With compensation, liberalization occurs but free trade is not obtained. Simulations also indicate that the U.S. gains incentive to reduce protection given a depreciation of the dollar, while incentive to liberalize trade policies decreases as the dollar appreciates. Research was supported by Minnesota Agricultural Experiment Station project 14065 "Economic Integration and Disintegration in Europe: Implications for U.S. Agriculture.” Kluwer Academic Publishers, 1996 Kennedy P. Department of Agricultural Economics and Agribusiness, Louisiana State University, 70803-5604, Baton Rouge, LA aut Von Witzke Harald Institut für Agrarpolitik, Marktlehre und Agrarentwicklung, Humboldt University, D-10099, Berlin, Germany aut Roe Terry Center for International Food and Agricultural Policy and Department of Agricultural and Applied Economics, University of Minnesota, 55108, St. Paul, MN aut Public Choice Kluwer Academic Publishers; http://www.wkap.nl 88/1-2(1996-07-01), 43-56 0048-5829 88:1-2<43 1996 88 11127 https://doi.org/10.1007/BF00130408 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF00130408 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Kennedy P. Department of Agricultural Economics and Agribusiness, Louisiana State University, 70803-5604, Baton Rouge, LA aut NATIONALLICENCE 700 1- Von Witzke Harald Institut für Agrarpolitik, Marktlehre und Agrarentwicklung, Humboldt University, D-10099, Berlin, Germany aut NATIONALLICENCE 700 1- Roe Terry Center for International Food and Agricultural Policy and Department of Agricultural and Applied Economics, University of Minnesota, 55108, St. Paul, MN aut NATIONALLICENCE 773 0- Public Choice Kluwer Academic Publishers; http://www.wkap.nl 88/1-2(1996-07-01), 43-56 0048-5829 88:1-2<43 1996 88 11127 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer