Hennessy, David A.; Babcock, Bruce A.; Hayes, Dermot J. - In: American Journal of Agricultural Economics 79 (1997) 3, pp. 1024-1034
The efficiency of redistribution of government-provided revenue insurance programs is compared with the efficiency of the 1990 farm program. The results indicate that revenue insurance would be more efficient because it would provide subsidies when and only when revenue is low and marginal...