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...

We investigate the impact of raising the excise tax on motor fuels on the U.S. economy in general and the agricultural sectors in particular. The approach used in the analysis consists of a computable general equilibrium model composed of 14 producing sectors, 14 consuming sectors, six household...

We examine the impact of an oil-import fee on the United States economy. For a general equilibrium model, we estimate the effect that a $5.00 per barrel import fee would have on producing sectors, consuming sectors, households, and the government. Over the period 1984–1990 with such an import...