The Export Enhancement Program: How Has It Affected Wheat Exports
Ann Hillberg Seitzinger and
Philip L. Paarlberg
No 309513, Agricultural Information Bulletins from United States Department of Agriculture, Economic Research Service
Abstract:
The United States subsidized 50 percent of its wheat exports between 1985 and 1988 under the Export Enhancement Program (EEP) in an attempt to expand U.S. exports and counter European Community export subsidies. The Department of Agriculture uses a complex bidding process to award EEP subsidies to targeted countries. The program grew steadily from 1985 through mid-1988, with wheat accounting for over 80 percent of EEP sales value. Economic analysis indicates that the program raised U.S. wheat export volume, prices, and gross export revenues. But net export revenues rose only slightly once the value of commodities from Government inventories awarded to exporters under the EEP is taken into account.
Keywords: Agricultural and Food Policy; International Relations/Trade (search for similar items in EconPapers)
Pages: 11
Date: 1989-12
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersab:309513
DOI: 10.22004/ag.econ.309513
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