| dc.description |
A major goal of the Export Enhancement Program (EEP) was to expand U.S. exports. This objective was empirically tested in this study for the case of wheat. An analytical approach, reflecting the impact of the EEP on global wheat trade, was developed and incorporated within a nonspatial equilibrium model of world wheat trade. The results suggest that the EEP expanded U.S. wheat exports 20 percent in 1986/87, but only 7 percent in 1987/88. Most of the actual expansion occurred in 1987/88 and was due to other factors. |
