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THE END OF SUPPLY CONTROLS: THE ECONOMIC EFFECTS OF RECENT CHANGE IN FEDERAL PEANUT POLICY
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Abstract
The paper analyzes recent changes in U.S. peanut policy as enacted in the 2002 Farm Security Act. A model representing the impact of the 2002 farm bill on the domestic and foreign prices of edible peanuts is constructed and the gains and losses to peanut producing states are measured.Agricultural and Food Policy,