D'Antoni, Jeremy M.; Mishra, Ashok K.; Joo, Hyunjeong - Agricultural and Applied Economics Association - AAEA - 2012
In the past three decades, farm families have relied on government payments and off-farm income to reduce income risk … and increase total household income. Studies have shown that, as income effect dominates, government payments tend to … government payments, farm families may be facing an altered economic environment. Our study addresses this issue by examining the …