The impact of crop losses on the U.S. economy are analyzed using a Computable General Equilibrium (CGE) Model. In doing so, concerns about widespread crop losses due to a global climate change or environmental event are addressed. The CGE approach allows for analysis of the interactions between...

Public policy limits the quantity of timber which is cut from federal forest land in order to avoid a timber shortage. This policy has led the U.S. Department of Agriculture to employ forecasts of future demand for forest products, including lumber. Lumber demand has been estimated regionally,...

This study examines the general equilibrium effects of different export promotion policies on imports and production of importables and exportables. Unlike other studies, land as a factor input in the production function has been included. Thus, this article develops a three-factor production...