Using dynamic programming, this paper examines effects of farm subsidies on U.S. exports of corn, cotton, rice, and wheat. The six policy simulations described here explore alternative proposals in the current round of the General Agreement on Tariffs and Trade. The analysis leads to two conclusions. First, abolishing domestic subsidies lowers world prices of these crops. Second, imposing tighter supply controls may not actually decrease exports in the short run.
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书目信息
American journal of agricultural economics
卷
74
期
2
页码
258
- 267
ISSN
0002-9092
出版者
Springer Japan
其它主题
United states; Corn
语言
英语
类型
Text; Journal Article
2024-02-27
MODS