General equilibrium analysis of supply control in US agriculture
分析了美国农业中几种供给控制措施（如面积控制、可交易产出配额）的福利效应，发现面积控制带来巨大超额负担，而可交易配额在总体上略微改善福利，但允许超额生产销往海外会削弱国内收益。
This paper provides a general equilibrium analysis of several alternative supply control measures currently employed (or proposed) for US agriculture. Results confirm that acreage controls generate a large marginal exces burden. However, tradeable output quotas are found to be marginally welfare improving in the aggregate. This second-best outcome reflects the benefits associated with a reduction in policy-induced excess capacity. Permitting production in excess of the quota to be sold overseas, as has been proposed, is shown to dissipate most of the domestic gains from output controls. The paper closes with a discussion of first-best alternatives to supply control.