Modeling Policy Reform in the US Wheat and Feed Grain Sectors

摘要: A major objective of the GATT negotiation is an international agreement on permitted domestic agricultural policies referred to as green light (e.g., environmental and decoupled support policies) replace nonpermitted or red trade distortion subsidies). To be implementable, these must improve efficiency resource allocation while being politically sustainable. Economists are challenged develop quantitative estimates impacts alternative policy proposals that serve both goals. Such quantified not only for distributional effects but also short- long-term over time. conceptual empirical modeling framework meets this challenge presented in chapter. Specifically, model applied assess three reform scenarios US feed grain, soybean, livestock, wheat sectors.