Farm Level Effects of Counter-Cyclical Payments

The paper analyzes the role of counter-cyclical (CC) payments in stabilizing farm incomes and investigates whether the payments could affect farmersÂ’ planting decisions. Our analysis, based on representative farmer approach, finds that CC payments provide a relatively modest enhancement to farm welfare. However, much depends on market price conditions, which change from year to year, and on base acreage (which is determined by planting history). The paper finds little evidence of interaction between revenue insurance and CC payments.


Issue Date:
2005
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/19508
Total Pages:
22
Series Statement:
Selected Paper 136778




 Record created 2017-04-01, last modified 2017-04-26

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