Subsidy Incidence in Privately Negotiated Spot Markets: Experimental Evidence

We use experimental methods to investigate subsidy incidence, the transfer of subsidy payments from intended recipients to other economic agents, in privately negotiated spot markets. Our results show that market outcomes in treatments with a subsidy given to either buyers or sellers are significant...

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Bibliographic Details
Published in:Journal of agricultural and applied economics 2019-05, Vol.51 (2), p.219-234
Main Authors: Rahman, Mohammad Maksudur, Bastian, Christopher T., Jones Ritten, Chian, Phillips, Owen R.
Format: Article
Language:English
Subjects:
Agricultural commodities
Agricultural economics
Agricultural marketing
Agricultural production
Agricultural subsidies
Bargaining
Competition
Economic models
Elasticity
Experimental methods
Incidence
Income distribution
Inventory
Landowners
Marketing
Markets
Methods
Predictions
Prices
Purchasing
Schedules
Subsidies
Supply & demand
Volatility
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