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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...

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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
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Language:English
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container_title American journal of agricultural economics
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creator Perry, G.M. (Oregon State University)
McCarl, B.A
Rister, M.E
Richardson, J.W
description 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.
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identifier ISSN: 0002-9092
ispartof American journal of agricultural economics, 1989-11, Vol.71 (4), p.1011-1020
issn 0002-9092
1467-8276
language eng
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source EconLit s plnými texty; Business Source Ultimate; JSTOR Archival Journals; Oxford University Press Archive
subjects Agricultural resources
CONCIENCIA SOCIAL
CONSCIENCE SOCIALE
Corn
Cotton
Crop economics
crop mix
Crop production
Crop rotation
Crops
CULTIVO MIXTO
CULTURE EN MELANGE
GESTION DE L'EXPLOITATION AGRICOLE
government program
Government programs
Grains
MANEJO DE FINCAS
mixed integer programming
MODELE
MODELOS
PRISE DE DECISION
PROGRAMACION
PROGRAMMATION
Sorghum
TEXAS
TOMA DE DECISIONES
whole-farm analysis
title Modeling government program participation decisions at the farm level
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