The Economic Welfare and Trade Relations Implications of the 2014 Farm Bill

by Vincent H. Smith (Editor)

Overview

Currently there is no comprehensive account accessible to undergraduate students, graduate students, economic researchers who are not specialists in the area of agricultural policy, of the economic welfare effects of the 2014 Farm Bill, passed by the US Congress and signed into law by President Barack Obama on February 7, 2014. This edited collection consists of ten essays, each on the major areas of US farm programs that describes and assesses the economic welfare impacts of the programs in those areas. The chapters involve new research, but also heavily focus on providing assessments based on the current state of the art research. Each chapter is by distinguished scholars who are internationally recognized experts in the field.

Product Details

ISBN-13:	9781785605215
Publisher:	Emerald Group Publishing Limited
Publication date:	11/27/2015
Series:	Advances in Econometrics Series
Pages:	160
Product dimensions:	5.98(w) x 9.02(h) x 0.47(d)

Table of Contents

List of Contributors vii

Foreword ix

1 The 2014 Farm Bill - An Economic Welfare Disaster or Triumph? Barry K. Goodwin Vincent H. Smith 1

2 The 2014 Farm Bill in Historical Perspective David Olden Carl Zulauf 11

3 Welfare Effects of Title One Programs Bruce Babcock 25

4 Conservation, the Farm Bill and US Agri-Environmental Policy Erik Lichtenberg 31

5 The Negligible Welfare Effects of the International Food Aid Provisions in the 2014 Farm Bill Erin C. Lentz Christopher B. Barrett 43

6 Some Trade Implications of the 2014 Agricultural Act Colin A. Carter 51

7 WTO Compliance under the 2014 Farm Bill Joseph W. Glauber Patrick Westhoff 59

8 Multiple Peril Crop Insurance Brian Davern Wright 75

9 U.S. Dairy Subsidies Remain Convoluted and Costly Daniel A. Sumner Joseph V. Balagtas Jisang Yu 85

10 The 2014 Farm Bill and the U.S. Sugar Program Gary W. Brester 97

11 Losing the Plot? Agricultural Research Policy and the 2014 Farm Bill Philip G. Pardey Jason M. Beddow Steven T. Buccola 107

12 Rural Development Policy in the Farm Bill Mary Claee Ahearn 117

13 Conclusion 131

Index 135

Editorial Reviews

Economists predict the economic and trade outcomes of what is officially called the 2014 Agriculture Act. Their topics include welfare disaster or triumph, a historical perspective, welfare effects of Title One programs, conservation and US agri-environmental policy, the negligible welfare effects of the international food aid provisions, World Trade Organization compliance, multiple peril crop insurance, convoluted and costly US dairy subsidies, the US sugar program, agricultural research policy, and rural development policy.

Annotation ©2016

Economists predict the economic and trade outcomes of what is officially called the 2014 Agriculture Act. Their topics include welfare disaster or triumph, a historical perspective, welfare effects of Title One programs, conservation and US agri-environmental policy, the negligible welfare effects of the international food aid provisions, World Trade Organization compliance, multiple peril crop insurance, convoluted and costly US dairy subsidies, the US sugar program, agricultural research policy, and rural development policy.

Annotation ©2016