A Simulation Model of the U.S. Export Enhancement Program for Wheat
作者:
Ann Hillberg Seitzinger,
Philip L. Paarlberg,
期刊:
American Journal of Agricultural Economics
(WILEY Available online 1990)
卷期:
Volume 72,
issue 1
页码: 95-103
ISSN:0002-9092
年代: 1990
DOI:10.2307/1243148
出版商: Oxford University Press
数据来源: WILEY
摘要:
AbstractNash bargaining game models representing negotiations of Export Enhancement Program (EEP) sales are combined with a quarterly spatial price equilibrium model representing non‐EEP world wheat trade to simulate the EEP's impact in late 1985 and early 1986. The benefits of the EEP in terms of increased U.S. export revenues adjusted for subsidy costs are estimated to be less than one percent of total U.S. revenues. For the first quarter of 1986, model simulations also show a lowering of the CCC loan rate to have a much greater potential for increasing U.S. wheat exports than the EEP as operated.
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