U.S. IMPORTS OF CANADIAN WHEAT: ESTIMATING THE EFFECT OF THE U.S. EXPORT ENHANCEMENT PROGRAM
Stephen Haley
No 51218, Working Papers from International Agricultural Trade Research Consortium
Abstract:
It is hypothesized that the U.S. Export Enhancement Program (EEP) has had a role in increased U.S. imports of Canadian wheat. Using a set of world wheat models that differentiate wheat according to class and source, several conclusions concerning the role of EEP are reached. Over the period 1986-1993, EEP has been accountable for 40 to 48 percent of the yearly growth in U.S. imports of Canadian wheat. EEP subsidies in 1991/92 to China and Brazil caused significant diversion of Canadian wheat that would have been destined for those markets instead to the U.S. market. Further, it is argued that a quota on imports is not likely to have price-enhancing effects for U.S. wheat.
Keywords: Agricultural and Food Policy; International Relations/Trade (search for similar items in EconPapers)
Pages: 43
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iatrwp:51218
DOI: 10.22004/ag.econ.51218
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