New Economic Models Could Transform Agricultural Policy and Boost Societal Welfare
Three papers discussed using computer models to understand how changes in agriculture can impact the U.S. economy. One paper looked at how farming affects the U.S. using data in a specific format. Another paper came up with a way to control these model inputs for better results. Although these papers supported this type of modeling, they only used part of it in their research. The researchers shared general thoughts about this modeling method and provided feedback on the papers.