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This analysis utilizes farm-level data to evaluate the extent to which U.S. farm program benefits, particularly the Agricultural Market Transition Act (AMTA) and market loss assistance payments, bring about distortions in production for wheat and barley production in the Northern Great Plains....
Persistent link: https://www.econbiz.de/10005525667
This study considers the extent to which farm structure may be endogenous to off-farm labor supply decisions. The empirical analysis utilizes structural models consisting of three equation systems describing labor supply, scale and scope in an effort to evaluate the extent to which farm and...
Persistent link: https://www.econbiz.de/10005330758
The crop insurance purchase decision for a group of Kansas farmers is analyzed using data from 1990sa period that experienced many changes in the federal crop insurance program. Farm-level data are used. Results indicate a reduction in the elasticity of the demand for crop insurance with respect...
Persistent link: https://www.econbiz.de/10005060739