MODELING TECHNICAL TRADE BARRIERS UNDER UNCERTAINTY

As traditional forms of agricultural protection continue to decline, agricultural interests will likely seek alternative protection in the form of technical barriers. A flexible framework for theoretically and empirically analyzing technical barriers under various sources of uncertainty is derived. Attention is focused on uncertainty arising from the variation in the product attribute levels, a source not yet considered by the literature. Ex ante and ex post densities of domestic and international quantities and prices as well as the densities of their respective extreme-order statistics are derived. An example is presented to illustrate the application of the developed framework.


Issue Date:
2000-07
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/30825
Published in:
Journal of Agricultural and Resource Economics, Volume 25, Number 1
Page range:
28-50
Total Pages:
23




 Record created 2017-04-01, last modified 2017-08-22

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