Title: Analysis of U.S. Export Enhancement Targeting and Bonus Determination Criteria
Published in: Working Papers Series
Author/s: Stephen Haley* and David Skully
This research analyzes the criteria set from which policymakers have selected import markets to target EEP wheat bonuses. Results presented herein indicate that the administration of EEP has favored no specific criterion — rather, the emphasis placed on various criteria has fluctuated over time. Although putting pressure on the EU was a much repeated justification for the program, expanding U.s. wheat exports and pressuring the Canadians guided targeting allocations as much as, if not more than, pressuring the EU. This research also develops a method for predicting which wheat import markets are likely to be important in the future, based on an identification of specific policy objectives.