A Simulation Model of the U.S. Export Enhancement Program for Wheat
将纳什谈判博弈模型与空间价格均衡模型结合,模拟美国出口促进计划对1985-1986年小麦出口的影响,发现该计划对出口收入提升不足1%,且降低贷款率比该计划更有效。
Abstract Nash bargaining game models representing negotiations of Export Enhancement Program (EEP) sales are combined with a quarterly spatial price equilibrium model representing non‐EEP world wheat trade to simulate the EEP's impact in late 1985 and early 1986. The benefits of the EEP in terms of increased U.S. export revenues adjusted for subsidy costs are estimated to be less than one percent of total U.S. revenues. For the first quarter of 1986, model simulations also show a lowering of the CCC loan rate to have a much greater potential for increasing U.S. wheat exports than the EEP as operated.