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Title: |
A Computable General Equilibrium Estimation of
the Effects of the U.S. Meat Program |
| Author: |
Berg, Gerald
C.; Reinert, Kenneth A. |
| Author
Affiliation: |
National
Defense U; Kalamazoo College |
| Source: |
International Economic Journal, Spring 1995, v. 9, no. 1, pp. 53-66 |
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Publication Date: |
Spring 1995 |
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Abstract: |
As it does for many domestic industries,
the United States protects domestic meat producers from foreign
competition by limiting imports. In this paper, the history and
operation of the restraints are described and estimates made of their
effects on the U.S. economy using a computable general equilibrium
model. If import restraints on red meat had not been in force in 1991,
U.S. economic welfare would have been greater by an estimated $75-180
million. Estimates are also made for the six industries likely to be
most affected by the restraints either directly or indirectly and for
nine broad industry sectors comprising, collectively, the remainder of
the U.S. economy. |
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