Coordinating agricultural and environmental policies: opportunities and tradeoffs

The general policy framework for agriculture in the US dates to the New Deal era of the 1930s. Since then, the US government has maintained policies to stabilize domestic markets for major program crops and maintain farm income. The present analysis of tradeoffs and opportunities through coordination of agricultural policy has quite modest objectives. The illustration provides an initial set of results on opportunities and tradeoffs, and perhaps a glimpse of the richness that awaits more detailed consideration of policy structure as an element of policy change. -from Authors