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Registros recuperados: 34
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Economic Aspects of Revenue-Based Commodity Support AgEcon
Cooper, Joseph C..
Interest in revenue-based commodity support is evident in the Food, Conservation and Energy Act of 2008 (the 2008 Farm Bill), which gives eligible producers the option of participating in the Average Crop Revenue Election (ACRE) program in return for reductions and eliminations of payments under more traditional programs. This report examines how the uncertainty in U.S. domestic commodity support payments for corn may differ between traditional-style approaches (defined as price-based payments plus yield-based disaster payments) to support and two revenue-based support scenarios. Variability around the total expected annual payment was found to be lower under revenue-based support, as was the probability of high payments. These results suggest potential...
Tipo: Report Palavras-chave: Domestic commodity support; Revenue-based support; Marketing loan benefits; Countercyclical payments; Disaster assistance; Federal crop insurance; Agricultural and Food Policy; Crop Production/Industries; Demand and Price Analysis; Financial Economics.
Ano: 2009 URL: http://purl.umn.edu/55838
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Benefits of Safer Drinking Water: The Value of Nitrate Reduction AgEcon
Crutchfield, Stephen R.; Cooper, Joseph C.; Hellerstein, Daniel.
Nitrates in drinking water, which may come from nitrogen fertilizers applied to crops, are a potential health risk. This report evaluates the potential benefits of reducing human exposure to nitrates in the drinking water supply. In a survey, respondents were asked a series of questions about their willingness to pay for a hypothetical water filter, which would reduce their risk of nitrate exposure. If nitrates in the respondent's drinking water were to exceed the EPA minimum safety standard, they would be willing to pay $45 to $60, per household, per month, to reduce nitrates in their drinking water to the minimum safety standard. There are 2.9 million households in the four regions studied (White River area of Indiana, Central Nebraska, Lower...
Tipo: Report Palavras-chave: Water quality; Drinking water; Nitrates; Benefits; Contingent valuation; Resource /Energy Economics and Policy.
Ano: 1997 URL: http://purl.umn.edu/34025
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A Globally Flexible Model for Crop Yields Under Weather Risk AgEcon
Cooper, Joseph C.; Wallander, Steven.
The literature on climate change and crop yields recognizes the need to allow for highly non-linear marginal effects. This study combines these two areas of the literature by using Flexible Fourier Transforms (FFT’s) to ensure flexibility for both the time trend and the weather effects. This study also illustrates how FFT’s can be combined with quantile regression (QR) to provide both robustness to outliers and information on the scale effects of time and weather variables. For U.S. county level data on corn, soybeans, and winter wheat, we estimate the relationship between yield and temperature and precipitation using a traditional parametric expected-yield estimator, our quantile-FFT regression evaluated at the median, and our QR-FFT regression that...
Tipo: Conference Paper or Presentation Palavras-chave: Crop yield distributions; Flexible fourier transforms; Quantile regression; Crop Production/Industries; Risk and Uncertainty.
Ano: 2010 URL: http://purl.umn.edu/103560
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EFFECTS OF AGRI-ENVIRONMENTAL PAYMENT POLICIES ON AGRICULTURAL TRADE AgEcon
Cooper, Joseph C.; Peters, Mark; Claassen, Roger.
In many OECD countries, including the U.S., interest in developing agri-environmental payment programs is currently strong. In the future, the inclusion of an agri-environmental payment program into the WTO's "green box" could be more easily challenged by WTO member countries on the basis that it has more than "minimal" trade-distorting impacts on production. The goal of this paper is to conduct an ex ante analysis of the trade impacts of stylized examples of agri-environmental payment programs that have been proposed for implementation in the near future. To simulate the production and trade impacts of these programs, we use a partial equilibrium model of the U.S. agricultural sector in a sensitivity analysis across a range of design options for...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy.
Ano: 2003 URL: http://purl.umn.edu/22240
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The Impact of Risk and Farm Program Design on Cash Rents AgEcon
Ifft, Jennifer; Cooper, Joseph C.; Kuethe, Todd H..
Tipo: Presentation Palavras-chave: Agricultural and Food Policy; Risk and Uncertainty.
Ano: 2012 URL: http://purl.umn.edu/124334
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Identifying and Reducing Overlap in Farm Program Support AgEcon
Cooper, Joseph C.; O'Donoghue, Erik J..
The current debate surrounding the 2012 Farm Act stresses cutting costs while maintaining, or even strengthening, farmers’ “safety net.” One way to cut costs is to reduce or eliminate potential overlap of farm program payments. Using simulations, we explore the interaction between the Average Crop Revenue Election (ACRE) program and a revenue assurance (RA) crop insurance program for corn, soybean, and wheat farmers in IL, MN, and SD. Additionally, we examine whether receiving benefits from multiple programs (an RA program, the Supplemental Revenue (SURE) program, and an ad hoc disaster assistance program) distorts farmers’ business decisions. We find overlap between ACRE and crop insurance, which could lead to budgetary savings if these two programs...
Tipo: Conference Paper or Presentation Palavras-chave: Commodity support; Average crop revenue election; Supplemental Revenue Assistance; Expected utility; Corn; Wheat; Soybeans; Agricultural and Food Policy; Production Economics; Risk and Uncertainty.
Ano: 2011 URL: http://purl.umn.edu/103261
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THE BIG PICTURE: PRODUCTION AND ENVIRONMENTAL IMPACTS OF REDUCED US OBESITY AgEcon
Johansson, Robert C.; Mancino, Lisa; Cooper, Joseph C..
This paper assesses how successfully reducing the incidence of overweight and obesity in the US to meet public health objectives might influence agricultural production. We also examine the consequent agri-environmental effects of the production changes. Our estimates show that a reduction in aggregate consumption by between 2 and 6 percent, associated with public health goals being met, would lead to reduced production of primary agricultural commodities, increased exports, and reduced discharge of agricultural pollutants. In both cases, neither the estimated changes in commodity production nor the subsequent environmental impacts would be uniform across the landscape. Results indicate that in value terms, the largest changes (either positive or...
Tipo: Conference Paper or Presentation Palavras-chave: Health Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/20373
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Modeling Acreage Response and US Farm Policy In a New Market Environment AgEcon
Cooper, Joseph C.; Goodwin, Barry K.; Piggott, Nicholas E..
Replaced with revised version of poster 9/2/11.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy.
Ano: 2011 URL: http://purl.umn.edu/103679
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A Revenue-Based Alternative to the Counter-Cyclical Payment Program AgEcon
Cooper, Joseph C..
This paper develops a stochastic model for comparing payments to U.S. corn producers of a revenue-based counter-cyclical payment (R-CCP) that is offered as an alternative in the 2007 House "Farm Bill" (H.R. 2419) to the current price-based CCP (P-CCP). We minimize the potential for miss-specification bias in the model by using nonparametric and semi-nonparametric approaches as specification checks in the model. Using this model, the paper examines the sensitivity of the density function for payments to changes in expected price levels. A mean-variance utility function approach is used to assess producer preferences for choice of CCP program alternative. The results show that as risk reduction instruments at the farm level, there appears to be little...
Tipo: Conference Paper or Presentation Palavras-chave: Domestic support; Counter-cyclical payments; Revenue; Price; Corn; Yield; Pairs bootstrap; Kernel density; Semi-nonparametric; Combinatorial optimization; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/6197
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ENVIRONMENTAL RISK AND AGRI-ENVIRONMENTAL POLICY DESIGN AgEcon
Horan, Richard D.; Claassen, Roger; Cooper, Joseph C..
Agricultural nonpoint pollution is inherently stochastic (e.g., due to weather). In theory, this randomness has implications for the choice and design of policy instruments. However, very few empirical studies have modeled natural variability. This paper investigates the importance of stochastic processes for the choice and design of alternative nonpoint instruments. The findings suggest that not explicitly considering the stochastic processes in the analysis can produce significantly biased results.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy; Environmental Economics and Policy.
Ano: 2000 URL: http://purl.umn.edu/21827
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FARMLAND PROTECTION: THE ROLE OF PUBLIC PREFERENCES FOR RURAL AMENITIES AgEcon
Hellerstein, Daniel; Nickerson, Cynthia J.; Cooper, Joseph C.; Feather, Peter; Gadsby, Dwight M.; Mullarkey, Daniel J.; Tegene, Abebayehu; Barnard, Charles H..
Public amenities provided by a rural agricultural landscape, arising from open space and farm activity, are important to many citizens and policymakers. Widespread development of farmland in some parts of the country has spawned an expanding array of farmland protection programs by county, State, and Federal governments, as well as by nonprofit organizations. To investigate the relative importance of preserving different amenities, this report examines the enabling legislation of these programs across the 48 contiguous States, and the implementation of these programs in five Northeastern States (Maryland, Massachusetts, New Jersey, Pennsylvania, and Vermont). The report also assesses how farmland protection programs fit into the broader array of rural land...
Tipo: Report Palavras-chave: Land Economics/Use.
Ano: 2002 URL: http://purl.umn.edu/33963
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Voluntary Incentives for Reducing Agricultural Nonpoint Source Water Pollution AgEcon
Feather, Peter; Cooper, Joseph C..
Agricultural chemicals and sediment from cropland may reduce the quality of America's surface and ground water resources. The Clean Water Act stipulates that individual States are responsible for controlling agricultural nonpoint source pollution. Most State plans rely chiefly on education and technical assistance to promote the adoption of less polluting practices. Because profitability drives production decisions, these programs tend to be most successful when they promote inexpensive changes in existing practices. This report presents research findings on the success of incentive programs to control agricultural nonpoint source pollution.
Tipo: Report Palavras-chave: Environmental Economics and Policy.
Ano: 1995 URL: http://purl.umn.edu/33619
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ACRE: A Revenue-Based Alternative to Price-Based Commodity Payment Programs AgEcon
Cooper, Joseph C..
This paper develops a stochastic model for estimating the probability density function of the Average Crop Revenue Election (ACRE), a revenue-based commodity support payment that is offered under the 2008 Farm Act as an alternative to the traditional suite of price-based commodity payments, that is, marketing loan benefits and counter-cyclical payments. We minimize the potential for miss-specification bias in the model by using nonparametric and semi-nonparametric approaches as specification checks in the model. Our simulation results show that adding ACRE revenue payments to gross revenue reduced the downside risk in revenue for corn, wheat, and soybean farmers in 2009 in the four locations examined, with reductions ranging from 4% to 25%. Integrating...
Tipo: Conference Paper or Presentation Palavras-chave: Domestic support; Average crop revenue election; Loan deficiency payments; Counter-cyclical payments; Revenue; Price; Corn; Yield; Pairs bootstrap; Kernel density; Semi-nonparametric; Combinatorial optimization; Negative exponential utility function; Agricultural and Food Policy; Demand and Price Analysis.
Ano: 2009 URL: http://purl.umn.edu/49180
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Welfare impacts of alternative biofuel and energy policies AgEcon
Cui, Jingbo; Lapan, Harvey E.; Moschini, GianCarlo; Cooper, Joseph C..
We employ an open economy general equilibrium model to investigate the effects of government energy policy, with emphasis on corn-based ethanol, on the U.S. economy. The model specification incorporates world and domestic markets, assumes pollution costs from fuel consumption, and allows endogenous determination of equilibrium quantities and prices for oil, corn and ethanol. The model is calibrated to represent a recent benchmark data set for 2009 and is used to simulate the positive and normative effects of alternative policies. We find that a second best policy of a fuel tax and ethanol subsidy approximates fairly closely the welfare gains associated with the first best policy (optimal carbon tax and tariffs on traded goods).The largest economic gains to...
Tipo: Conference Paper or Presentation Palavras-chave: Biofuel; Calibration; Welfare; Second Best Policies; Agricultural and Food Policy; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/61138
Registros recuperados: 34
Primeira ... 12 ... Última
 

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