| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Subsidy Incidence in Agricultural Land Markets: An Experimental Investigation
|
| Autores: |
Nagler, Amy M.
Menkhaus, Dale J.
Bastian, Christopher T.
Ehmke, Mariah D.
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| Data: |
2011-04-20
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| Ano: |
2011
|
| Palavras-chave: |
Agricultural subsidies
Ex ante policy analysis
Laboratory market experiments
Land market
Professional versus student subject pools
Subsidy incidence
Agricultural and Food Policy
Institutional and Behavioral Economics
Q1
Q18
C92
|
| Resumo: |
We use laboratory market experiments to control for market power and social norms in order to evaluate market outcomes associated with subsidy incidence. We estimate the incidence of a stylized agricultural subsidy in laboratory land rental negotiations and compare the market behavior of university students to agricultural professionals. In separate sessions with both subject groups, 21.5 percent of a per-unit subsidy paid to the buyer (tenant) was passed on to sellers (landlords). The consistent treatment effect between students and professionals is encouraging, particularly in the use of experimental laboratory methods for ex ante analyses of agricultural policy impacts.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
|
| Identificador: |
http://purl.umn.edu/103032
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| Relação: |
Agricultural and Applied Economics Association>2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania
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| Formato: |
22
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