We employ a multi-region computable general equilibrium model of the world economy to estimate changes in worldwide food insecurity that result from the imposition of the U.S. Renewable Fuels Standard.

2010 AAEA Presidential Address; forthcoming in January 2011 AJAE in shortened version.

The Special Safeguard Mechanism (SSM) was a key issue in the July 2008 failure to reach agreement in the WTO negotiations under the Doha Development Agenda. It includes both price (P-SSM) and quantity-triggered measures (Q-SSM). This paper uses a stochastic simulation model of the world wheat...