Key issues for the next farm bill: is a farm program buyout possible?
This presentation explores a policy option that the United States might utilize to reduce the long-run fiscal cost of subsidies and facilitate agricultural trade liberalization, while providing substantial transition support to farmers. The focus is on whether reforms that decouple support programs,...
| Autor principal: | |
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| Formato: | Ponencia |
| Lenguaje: | Inglés |
| Publicado: |
2005
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| Acceso en línea: | https://hdl.handle.net/10568/170343 |
| _version_ | 1855520289735049216 |
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| author | Orden, David |
| author_browse | Orden, David |
| author_facet | Orden, David |
| author_sort | Orden, David |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This presentation explores a policy option that the United States might utilize to reduce the long-run fiscal cost of subsidies and facilitate agricultural trade liberalization, while providing substantial transition support to farmers. The focus is on whether reforms that decouple support programs, which are designed to reduce potential production- and trade distorting effects, can be made more convincing through a long-term buyout that would end farm subsidies. Buyouts have not been feasible in the past but recent reforms for peanuts and tobacco provide evidence of what might be done and the conditions under which it occurs. Although the political-economy circumstances may not be conducive yet, estimates are provided of the potential cost of a buyout of the main decoupled U.S. subsidies of fixed direct and counter-cyclical payments. A program buyout of this type should be on the agenda in discussion of the next farm bill. |
| format | Ponencia |
| id | CGSpace170343 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2005 |
| publishDateRange | 2005 |
| publishDateSort | 2005 |
| record_format | dspace |
| spelling | CGSpace1703432025-02-19T14:08:37Z Key issues for the next farm bill: is a farm program buyout possible? Orden, David agriculture This presentation explores a policy option that the United States might utilize to reduce the long-run fiscal cost of subsidies and facilitate agricultural trade liberalization, while providing substantial transition support to farmers. The focus is on whether reforms that decouple support programs, which are designed to reduce potential production- and trade distorting effects, can be made more convincing through a long-term buyout that would end farm subsidies. Buyouts have not been feasible in the past but recent reforms for peanuts and tobacco provide evidence of what might be done and the conditions under which it occurs. Although the political-economy circumstances may not be conducive yet, estimates are provided of the potential cost of a buyout of the main decoupled U.S. subsidies of fixed direct and counter-cyclical payments. A program buyout of this type should be on the agenda in discussion of the next farm bill. 2005 2025-01-29T12:56:54Z 2025-01-29T12:56:54Z Presentation https://hdl.handle.net/10568/170343 en Limited Access Orden, David. 2005. Key issues for the next farm bill: is a farm program buyout possible? USDA Agricultural Outlook Forum 2005. Booklet 5 February 24-25, 2005 |
| spellingShingle | agriculture Orden, David Key issues for the next farm bill: is a farm program buyout possible? |
| title | Key issues for the next farm bill: is a farm program buyout possible? |
| title_full | Key issues for the next farm bill: is a farm program buyout possible? |
| title_fullStr | Key issues for the next farm bill: is a farm program buyout possible? |
| title_full_unstemmed | Key issues for the next farm bill: is a farm program buyout possible? |
| title_short | Key issues for the next farm bill: is a farm program buyout possible? |
| title_sort | key issues for the next farm bill is a farm program buyout possible |
| topic | agriculture |
| url | https://hdl.handle.net/10568/170343 |
| work_keys_str_mv | AT ordendavid keyissuesforthenextfarmbillisafarmprogrambuyoutpossible |