Hertel, Thomas W.; Martin, William J.; Leister, Amanda M. - 2010
uses a stochastic simulation model of the world wheat market to investigate the effects of policy makers implementing … domestic output is low and prices high. We estimate that implementation of the Q-SSM would shrink average wheat imports by … nearly 50% in some regions, with world wheat trade falling by 4.7%. The P-SSM is discriminatory against low price, developing …