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

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  • Liu, Karen
  • Sharples, Jerry

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.

Suggested Citation

  • Liu, Karen & Sharples, Jerry, 1987. "Mandatory Production Control and High Price Supports Impact on Global Agricultural Markets," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 270115, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea87:270115
    DOI: 10.22004/ag.econ.270115
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    References listed on IDEAS

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    1. Roningen, Vernon Oley, 1986. "A Static World Policy Simulation (Swopsim) Modeling Framework," Staff Reports 277898, United States Department of Agriculture, Economic Research Service.
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