DISTRIBUTIONAL EFFECTS OF U.S. FARM COMMODITY PROGRAMS: ACCOUNTING FOR FARM AND NON-FARM HOUSEHOLDS
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Using a highly disaggregated U.S. Computable General Equilibrium (CGE) model, we analyze the distributional impacts from the commodity programs governed by the 2002 Farm Act on U.S. farm and non-farm households. The farm household impacts occur through program effects on household income, farm sector output and commodity prices. Non-farm household impacts occur through taxes and the cost of food.