Abstract
Export subsidies have been an important element of U.S. agricultural policy. After the export boom of the early 1970's, their importance declined until the emergence of the Export Enhancement Program (EEP) in 1985. The EEP will retain its importance over the next few years. During certain time periods, specific commodity markets provide opportunities for an EEP to be effective. Here we analyze the barley EEP for 1986/87 and 1987/88. The barley EEP was probably more effective than the wheat EEP in boosting ing exports. Researchers should continue to conduct additional empirically- based studies of other commodities, especially high-valued products, to provide more information for policymakers.
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