To identify the winners and the losers from the General Agreement on Tariffs and Trade (GATT) in agriculture, it is necessary to know which countries will be required to reduce which subsidies by what amounts. Rules that seem fair may actually impose very different future obligations on the...

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To identify the winners and the losers from the General Agreement on Tariffs and Trade (GATT) in agriculture, it is necessary to know which countries will be required to reduce which subsidies by what amounts. Rules that seem fair may actually impose very different future obligations on the...

A Production Entitlement Guarantee (PEG) program would replace existing agricultural policies with a program that would allow governments to subsidize only a fixed proportion of each farmer's historical production. World supply and demand conditions would determine the price farmers receive for...

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...

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...

A better understanding of the relationship between a state's agricultural sector and the national agricultural economy increases the ability of agricultural interest groups to anticipate and understand policy developments. This paper develops and documents a state-level model of the Iowa...