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Aggregate and Farm-level Productivity Growth in Tobacco: Before and After the Quota Buyout AgEcon
Kirwan, Barrett E.; White, T. Kirk; Uchida, Shinsuke.
We examine the distortionary effects of agricultural policy on farm productivity by examining the response of U.S. tobacco farmers' productivity to the quota buyout of 2004. We isolate the impact of distortionary policy, i.e., the tobacco quota, by decomposing aggregate productivity growth into the contribution of farm-level productivity growth and the contribution of reallocation of resources among tobacco growers. Reallocation of resources includes entry into and exit from tobacco farming, as well as growth or decline of the resources allocated to existing tobacco farms. We find that aggregate productivity of Kentucky tobacco farms grew 37% between 2002 and 2007. Reallocation of resources among continuing tobacco farms contributed 22 percentage points...
Tipo: Conference Paper or Presentation Palavras-chave: Tobacco; Quotas; Aggregate Productivity Growth; Re-allocation; Crop Production/Industries; Productivity Analysis; E32; L6; O47.
Ano: 2010 URL: http://purl.umn.edu/56353
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Changing Farm Structure and the Distribution of Farm Payments and Federal Crop Insurance AgEcon
White, T. Kirk; Hoppe, Robert A..
The distribution of commodity-related payments and Federal crop insurance indemnities to U.S. farmers has shifted to larger farms as more and more U.S. agricultural production is done on those farms. Since the operators of larger farms tend to have higher household incomes than other farm operators, commodity-related program payments and Federal crop insurance indemnities also have shifted to higher income households. By 2009, half of commodity-related program payments went to farms operated by households earning over $89,540, a quarter went to farms operated by households with incomes greater than $209,000 and 10 percent went to farms operated by households with incomes of at least $425,000. Current income eligibility caps and payment limits affect few...
Tipo: Technical Report Palavras-chave: Farm program payments; Federal crop insurance; Agricultural Resource Management Survey; Structural change; Income caps; Payment limits.; Agricultural and Food Policy; Agricultural Finance; Industrial Organization; Public Economics.
Ano: 2012 URL: http://purl.umn.edu/120309
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