An Economic and Environmental Evaluation of Farm Bill Policy Options Using the CEEPES-FAPRI Modeling System
Date
1995-06-01
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Babcock, Bruce
Emeritus Professor
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Center for Agricultural and Rural Development
Abstract
This report estimates the economic and environmental trade-offs of the 1995 Farm Bill policy options evaluated by FAPRI. Assessments are provided for the 1995 FAPRI baseline, 25 percent Normal Flex, and the Revenue Assurance program. The authors describe the modeling systems and the CEEPES-FAPRI linkage, delineate the policy options and their likely economic and environmental impacts, and discuss predicted economic and environmental impacts of these policy options.