Loading…

Modeling government program participation decisions at the farm level

Changes in the U.S. farm economy during the 1980s have caused many farmers to give careful consideration to participation in the government farm program. Analytical techniques to identify optimal participation and resulting crop mix strategies at a whole-farm level can aid farmers faced with these d...

Full description

Saved in:
Bibliographic Details
Published in:American journal of agricultural economics 1989-11, Vol.71 (4), p.1011-1020
Main Authors: Perry, G.M. (Oregon State University), McCarl, B.A, Rister, M.E, Richardson, J.W
Format: Article
Language:English
Subjects:
Citations: Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Changes in the U.S. farm economy during the 1980s have caused many farmers to give careful consideration to participation in the government farm program. Analytical techniques to identify optimal participation and resulting crop mix strategies at a whole-farm level can aid farmers faced with these decisions. This paper presents a mathematical programming approach adaptable to farm-level decision analysis. An empirical example involving a Texas farm suggests that resource levels, base acreage endowments, limited cross compliance, and returns outside the program can influence participation decisions.
ISSN:0002-9092
1467-8276
DOI:10.2307/1242677