Arbeitspapier

The local impacts of agricultural subsidies: Evidence from the Canadian Prairies

We estimate the impact of the removal of a railway transportation subsidy on the local economies of Alberta, Saskatchewan and Manitoba, exploiting the large regional variation in these one-time freight rate increases. We find that higher freight rates - and hence lower farm gate prices - resulted in significantly lower farm revenues, farm asset values and farm numbers. Local employment in non-agricultural sectors systematically declined in areas that were hardest hit by the subsidy removal. The results suggest that the subsidy removal had detrimental spillover effects on local non-agricultural economy that are much larger than standard input-output models would predict.

Sprache
Englisch

Erschienen in
Series: IFN Working Paper ; No. 1129

Klassifikation
Wirtschaft
Empirical Studies of Trade
Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Agricultural R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
Agriculture in International Trade
Agricultural Policy; Food Policy
Thema
Agricultural Trade Liberalization
Export Subsidy
Market Access
Spillovers

Ereignis
Geistige Schöpfung
(wer)
Bollman, Ray D.
Ferguson, Shon
Ereignis
Veröffentlichung
(wer)
Research Institute of Industrial Economics (IFN)
(wo)
Stockholm
(wann)
2016

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Bollman, Ray D.
  • Ferguson, Shon
  • Research Institute of Industrial Economics (IFN)

Entstanden

  • 2016

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