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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...
Persistent link: https://www.econbiz.de/10005786258
In response to a request by Senator Tom Harkin, the Food and Agricultural Policy Research Institute (FAPRI) has evaluated a number of issues related to the lock and dam system on the Upper Mississippi and Illinois Rivers. One critical issue is how future demand for agricultural exports will...
Persistent link: https://www.econbiz.de/10005786570
The U.S. crops model is one component of the integrated modeling system developed and maintained by the Food and Agricultural Policy Research Institute (FAPRI), which operates as a joint program at Iowa State University and the University of Missouri-Columbia. The FAPRI system is used to...
Persistent link: https://www.econbiz.de/10005272794
Three alternatives for 1990 farm legislation are examined: (1) a continuation of current legislation; (2) small reductions in producer support levels that are phased in after a two-year delay; and (3) more significant policy reforms that include immediate support reductions for grains and...
Persistent link: https://www.econbiz.de/10005786261
The outlook for international agricultural commodity markets is very sensitive to changes in macroeconomic conditions, rates of productivity growth, and government policies. Baseline projections prepared by the Food and Agricultural Policy Research Institute in March 1988 assume moderate rates...
Persistent link: https://www.econbiz.de/10005786329
A dynamic multicountry, multicommodity model is used to evaluate the impact of a moderate General Agreement on Tariffs and Trade (GATT) agreement. The terms of this agreement are as follows. 1) Export subsidy quantities (using annual and price wedges) are reduced by 50 percent from the 1986-88...
Persistent link: https://www.econbiz.de/10005786330
Large-scale modeling systems have long been viewed as potentially valuable tools for evaluating farm policy. They have received increased attention in recent years, in part because of the added complexity of U.S. farm programs and the fuller integration of the U.S. farm sector with nonfarm...
Persistent link: https://www.econbiz.de/10005786332
Current agricultural commodity programs affect the structure of U.S. agriculture in a variety of ways. An informal survey of participants in a conference concerning the structure of agriculture indicates a weak consensus among professionals that current programs increase the number of farms,...
Persistent link: https://www.econbiz.de/10005786386
This report presents estimates of supply, demand, and price transmission elasticities for the U.S. crops sector. The estimates are derived from the U.S. crops model maintained by the Food and Agricultural Policy Research Institute (FAPRI) and are prepared in accordance with procedures stipulated...
Persistent link: https://www.econbiz.de/10005786412
The Food and Agricultural Policy Research Institute (FAPRI) received a request in mid-February to analyze the proposed changes to agriculture and agricultural trade made by Arthur Dunkel. These changes essentially fall into three areas. 1) Export Competition. Subsidies are subject to reduction...
Persistent link: https://www.econbiz.de/10005786430