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A Computable General Equilibrium Estimation Of The Effects Of The U.S. Meat Program

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Author Info
GERALD C. BERG
KENNETH A. REINERT

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Abstract

As it does for many domestic industries, the United States protects domestic meat producers from foreign competition by limiting imports. In this paper, the history and operation of the restraints are described and estimates made of their effects on the U.S. economy using a computable general equilibrium model. If import restraints on red meat had not been in force in 1991, U.S. economic welfare would have been greater by an estimated $75--180 million. Estimates are also made for the six industries likely to be most affected by the restraints either directly or indirectly and for nine broad industry sectors comprising, collectively, the remainder of the U. S. economy. [F13]

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Publisher Info
Article provided by Korean International Economic Association in its journal International Economic Journal.

Volume (Year): 9 (1995)
Issue (Month): 1 (April)
Pages: 53-66
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Handle: RePEc:taf:intecj:v:9:y:1995:i:1:p:53-66

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  1. Devarajan, Shantayanan & Rodrik, Dani, 1991. "Pro-competitive effects of trade reform : Results from a CGE model of Cameroon," European Economic Review, Elsevier, vol. 35(5), pages 1157-1184, July. [Downloadable!] (restricted)
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  2. Joseph E. Flynn & Kenneth A. Reinert, 1993. "The Welfare And Resource Allocation Implications Of The U.S. Dairy Quotas," International Economic Journal, Korean International Economic Association, vol. 7(2), pages 91-108, June. [Downloadable!] (restricted)
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