AGRICULTURAL STRUCTURAL ADJUSTMENT TO GOVERNMENT POLICIES: EMPIRICAL EVIDENCE

Economic theory alone cannot predict the impacts of government payments on farm structure. We estimate a 5-equation model for the 1978-96 period to measure the impacts using state micro and macro data sets. We found that government payments were positively associated with farm size and farm exits, but negatively associated with the extent of consolidation in farm production and the off-farm work of operators.


Issue Date:
2004
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/20367
Total Pages:
30
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-24

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