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U.S. Farm Policy and the World Trade Organization: How Do They Match Up?

Chad Hart and Bruce Babcock

Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University

Abstract: The debate over a new farm bill has focused on how to spend an additional $73.5 billion in funding for the agricultural budget over 10 years. The House of Representatives, the Senate agriculture committee, and Senators Cochran and Roberts (supported by the Bush administration) have each proposed a structure for the next farm bill. A critical question becomes whether these proposals conflict with U.S. commitments to limit subsidies under the World Trade Organization (WTO) agreement. This paper explores this issue and concludes with a discussion of the future direction of U.S. farm subsidies and new WTO agreements.

Date: 2002-02
References: View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Working Paper: U.S. Farm Policy and the World Trade Organization: How Do They Match Up? (2002) Downloads
Working Paper: U.S. Farm Policy and the World Trade Organization: How Do They Match Up? (2002) Downloads
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