Mandatory Production Control and High Price Supports Impact on Global Agricultural Markets

Karen Liu and Jerry Sharples

No 270115, 1987 Annual Meeting, August 2-5, East Lansing, Michigan from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The impacts of mandatory production control of major crops on U.S. agricultural exports and on the global agricultural markets are analyzed by using a world agricultural trade model. The model results indicate that there would be drastic reduction in U.S. agricultural exports. Major grain exporters would greatly benefit from the U.S. production control policy. Consumers generally would be worse off at global level.

Keywords: Demand and Price Analysis; International Relations/Trade; Production Economics (search for similar items in EconPapers)
Pages: 13
Date: 1987-08-02
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea87:270115

DOI: 10.22004/ag.econ.270115

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