Farm Level Incidence of the U.S. Farm Policy Proposal to the WTO
A farm level simulation model is used to analyze the financial impacts of the U.S. proposal to the WTO to reduce farm subsidy payments. The impacts are examined for farms of different sizes, debt positions, and household characteristics. Results indicate that cash flow impacts of the policy change are much greater than net worth impacts.
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- Chad E. Hart & John C. Beghin, 2004.
"Rethinking Agricultural Domestic Support under the World Trade Organization,"
Food and Agricultural Policy Research Institute (FAPRI) Publications
04-bp43, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.
- Hart, Chad E. & Beghin, John C., 2006. "Rethinking Agricultural Domestic Support Under the World Trade Organization," Staff General Research Papers 12510, Iowa State University, Department of Economics.
- Chad E. Hart & John C. Beghin, 2004. "Rethinking Agricultural Domestic Support under the World Trade Organization," Center for Agricultural and Rural Development (CARD) Publications 04-bp43, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- Richardson, James W. & Klose, Steven L. & Gray, Allan W., 2000. "An Applied Procedure For Estimating And Simulating Multivariate Empirical (Mve) Probability Distributions In Farm-Level Risk Assessment And Policy Analysis," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 32(02), August.
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