Domestic Support for the U.S. Rice Sector and the WTO: Implications of the 2002 Farm Act

The U.S. rice sector is expected to receive some of the largest relative support under the 2002 Farm Act. USDA's rice baseline model is used to compute marketing loan benefits, while direct payments and counter-cyclical payments are estimated from endogenous prices and exogenous policy parameters. Alternative scenarios of reduced marketing loan benefits suggest that projected annual average sector revenue could decline by 4 to 27 percent.

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Year of publication:	2003
Authors:	Hoffman, Linwood A. ; Young, C. Edwin ; Westcott, Paul C. ; Childs, Nathan W.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Agricultural and Food Policy

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Extent:	application/pdf
Series:	2003 Annual meeting, July 27-30, Montreal, Canada.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2003 Annual meeting, July 27-30, Montreal, Canada Number 21929
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005330705