The Effect Analysis Of American Agricultural Policy Adjustment In2002

The paper systematically introduces the relevant content of US Agriculturalsubsidies in empirical analysis, comparative analysis and specification analysis. It alsogives some advices on how to improve Chinese agricultural subsidy policy accordingto the result of the research.Firstly the paper describes the research background of US agricultural subsidypolicy and current research outcome that has done at home and abroad. Secondly, thecategory, definition and necessity of agricultural subsidy are discussed and theyformed the theoretical basis of this paper. Then the paper has a comprehensiveintroduction on US agricultural subsidy policy, including the history of subsidy policyadjustment and current subsidy framework, tools and characteristics. The focus of thispart is the analysis of the agricultural subsidy policy adjustment from the new farmbill was promulgated in2002. We have a comprehensive analysis in the characteristics,contents and effects of this adjustment. This part adopts grey correlation analysismethod to study the connection among the subsidy and the amount and price ofagricultural product in US since the new farm bill was promulgated in2002, and theoutcome is that they have low correlation. The text part will have detailed analysis inthis outcome. After thinking about the advanced experience of US, we finally madespecial recommendations on how to adjust and improve our agricultural policyaccording to the current station and problems of our agricultural subsidy policy andour special national conditions in current stage.