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By changing marginal prices and therefore production incentives, removal of government payments will result in a re-allocation of factors of production as farm households pursue alternative economic opportunities. At the economy-wide level these impacts are small, but closer inspection reveals...
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A number of studies have estimated the effects of U.S. textile and apparel protection. Most of these studies have not addressed the impact of these protective measures on the distribution of household income. This paper addresses the income distribution issue using a computable general...
Persistent link: https://www.econbiz.de/10005475813
By changing marginal prices and therefore production incentives, removal of government payments will result in a re-allocation of factors of production as farm households pursue alternative economic opportunities. At the economy-wide level these impacts are small, but closer inspection reveals...
Persistent link: https://www.econbiz.de/10005477142
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This paper analyzes the regional impacts of changing a major component of national farm policy. Using a national-level computable general equilibrium (CGE), we estimate the national impacts of removing deficiency payments, one of the primary components of U.S. farm programs. We then use two...
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