Major issues and challenges encountered in modeling and analyzing agricultural and trade policy reforms are reviewed. We focus on the modeling approach and pay special attention to the type and scope of the models, the calibration of a realistic baseline scenario, the representation of the...

We quantify the emergence of biofuel markets and its impact on U.S. and world agriculture for the coming decade using the multi-market, multi-commodity international FAPRI (Food and Agricultural Policy Research Institute) model. The model incorporates the trade-offs between biofuel, feed, and...

The authors analyze the impact of China's accession to the World Trade Organization on major crop and livestock markets using the FAPRI modeling framework. They incorporate expected changes in consumer income, textile production, and trade policies as exogenous shocks to the baseline model....