Unfair Trade: Culprits and Victims

dc.contributor.author Babcock, Bruce
dc.contributor.author Babcock, Bruce
dc.contributor.department Center for Agricultural and Rural Development
dc.date 2018-02-16T19:35:15.000
dc.date.accessioned 2020-06-30T04:53:06Z
dc.date.available 2020-06-30T04:53:06Z
dc.date.embargo 2015-07-21
dc.date.issued 2015-07-21
dc.description.abstract <p>Cogent justifi cations for continuing subsidies to U.S. crop farmers are diffi cult to fi nd. Most analyses suggest that our farm programs lead to greater concentration, higher land prices and cash rents, increased production of supported commodities, and lower market prices. And as we have pointed out in recent Iowa Ag Review articles, current subsidy programs provide a quite ineffi cient safety net: overcompensating producers in low price–high production years and undercompensating them in high price–low production years. In addition, farm subsidies go predominantly to farm families that have higher wealth and income levels than the average U.S. family. And fi nally, there would be no major changes in aggregate food production or food prices in the United States if subsidies were ended tomorrow.</p>
dc.identifier archive/lib.dr.iastate.edu/iowaagreview/vol12/iss1/1/
dc.identifier.articleid 1080
dc.identifier.contextkey 7352695
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath iowaagreview/vol12/iss1/1
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/45150
dc.source.bitstream archive/lib.dr.iastate.edu/iowaagreview/vol12/iss1/1/IAR_v12n1_001.pdf|||Fri Jan 14 17:32:13 UTC 2022
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Agricultural Economics
dc.subject.disciplines Economic Policy
dc.subject.disciplines International Economics
dc.title Unfair Trade: Culprits and Victims
dc.type article
dc.type.genre article
dspace.entity.type Publication
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relation.isJournalIssueOfPublication 20c25183-77cb-4dcc-b43d-1005571072ff
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