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	Provedor de dados AgEcon (3) Autor Girante, Maria Joana (3) Goodwin, Barry K. (3) Featherstone, Allen M. (2) Palavra-chave Credit constraints (3) Decoupled payments (3) Q17 (3) Q18 (3) Agricultural and Food Policy (2) International Relations/Trade (2) Agricultural Finance (1) Farm Management (1) Yield performance (1) Mais... Tipo do documento Conference Paper or Presentation (3) Ano 2009 (2) 2008 (1) País United States (3) Idioma Inglês (3)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 3 Primeira ... 1 ... Última Farmers' Crop Acreage Decisions in the Presence of Credit Constraints: Do Decoupled Payments Matter? AgEcon Girante, Maria Joana; Goodwin, Barry K.; Featherstone, Allen M.. While in theory decoupled payments do not distort production decisions, in practice there are several potential coupling mechanisms for these payments. We use farm-level data from Kansas to revisit the issue of how (de)coupled are these supposedly “decoupled” payments by focusing on how they may impact production through credit constraints. In particular, we study how production effects may have differed across farmers with varying levels of debt pressure. Our empirical approach exploits the fact that we can observe the same farm over time (and so can account for the effects of time-constant omitted variables) to study how these payments affected total crop acres, owned acres, and the decisions to plant corn, sorghum, soybeans and wheat. Like previous... Tipo: Conference Paper or Presentation Palavras-chave: Decoupled payments; Credit constraints; Agricultural Finance; Q17; Q18. Ano: 2008 URL: http://purl.umn.edu/6335 Wealth, Debt, Government Payments, and Yield Performance AgEcon Girante, Maria Joana; Goodwin, Barry K.; Featherstone, Allen M.. We use a large sample of Kansas Farm Management Association farms for eight different crop/practice combinations (dryland and irrigated corn, sorghum, soybeans, and wheat) for 1994 through 2006 to evaluate the determinants of relative yield performance and explore the ability of financial variables to account for some of the remaining unexplained variation. Our hypothesis is that more financially sound farms should be able to implement better production techniques, thus have better yields. We further test whether decoupled payments can be used to enhance yield performance. Our hypothesis is that payments may be used to boost investment in inputs or equipment that can lead to better yields. Our results suggest this could be the case. Tipo: Conference Paper or Presentation Palavras-chave: Yield performance; Decoupled payments; Credit constraints; Agricultural and Food Policy; Farm Management; International Relations/Trade; Q17; Q18. Ano: 2009 URL: http://purl.umn.edu/49353 The Acreage and Borrowing Effects of Direct Payments Under Uncertainty: A Simulation Approach AgEcon Girante, Maria Joana; Goodwin, Barry K.. We use simulation methods in an expected utility maximization framework to analyze a farmer’s optimal resource allocation in the presence of government payments, decoupled and not. This framework is extended to incorporate the optimal choice of investment levels in the presence of credit constraints. Further extensions include a wealth-dependent interest rate and decreasing marginal yields. We find decoupled payments affect the optimal choices of the credit-constrained farmer through a collateral-enhancement effect, so they do distort production. The 2005 proposal by Senators Grassley, Dorgan, Hagel, and Johnson to tighten limits on commodity payments is not found to affect payments of the typical Kansas farmer. Tipo: Conference Paper or Presentation Palavras-chave: Decoupled payments; Credit constraints; Agricultural and Food Policy; International Relations/Trade; Q17; Q18. Ano: 2009 URL: http://purl.umn.edu/49349 Registros recuperados: 3 Primeira ... 1 ... Última

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