Barking Up the Wrong Tree: Agricultural Subsidies, Dumping, and Policy Reform
Author(s)
Wise, Timothy A.
Abstract
Are US farm subsidies responsible for the alleged ‘dumping’ of US corn in Mexico at prices below US farmers’ costs of production? According to a series of new studies, agricultural dumping is indeed occurring, but Mexico’s small-scale maize farmers are unlikely to benefit much from subsidy reductions in the United States unless there is a more sweeping reform of both US farm policy and the way the international community addresses agricultural dumping.