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This study analyzes the impact of the Canadian Agriculture Income Stabilization (CAIS)program. The study begins with a specification of dynamic crop production that decomposes static short run crop acreage allocation decisions and dynamic crop yield affects. The modelling framework accommodates...
Persistent link: https://www.econbiz.de/10004989019
Canada’s hog sector has faced two decades of tumultuous growth, yet there are no recent estimates of supply response. A state-space model for hog supply response is developed that accounts for the time series properties of the data while accounting for a multiplicity of unspecified sources for...
Persistent link: https://www.econbiz.de/10010879377
Persistent link: https://www.econbiz.de/10005805250
The initially stated objective of the Canadian dairy supply management–farm revenue risk reduction–has been met well by the program. However, it is less clear whether the program has served all farms equally well. Namely, it is not known how successful the program was in enhancing the...
Persistent link: https://www.econbiz.de/10010920258
The shift of the farm subsidies toward programs classified as being decoupled income supports in the WTO’s URAA raises the question of their true impact on production and trade. In this study, we measured the acreage effects of the Canadian whole farm programs under uncertainty. Based on the...
Persistent link: https://www.econbiz.de/10005068292