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| Registros recuperados: 11 | |
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| Kirwan, Barrett E.. |
| Each year U.S. farmers receive more subsidies than needy families receive through welfare assistance or post-secondary students receive through student aid grants. Yet, who benefits from agricultural subsidies is an open question. Economic theory predicts the entire subsidy incidence should be on the farmland owners. Since non-farmers own nearly half of all farmland, this implies that a substantial portion of all subsidies accrue to non-farmers while a significant share of all farmers receive no benefits. Using a complementary set of policy quasiexperiments, I find that farmers who rent the land they cultivate capture 75 percent of the subsidy, leaving just 25 percent for landowners. This finding contradicts the prediction from neoclassical models. The... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural and Food Policy; Environmental Economics and Policy; Land Economics/Use. |
| Ano: 2008 |
URL: http://purl.umn.edu/42714 |
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| Kirwan, Barrett E.; Roberts, Michael J.. |
| The idea that agricultural subsidies are fully capitalized into farmland values forms the foundation of the argument that subsidies are entitlements and removing them would drastically reduce farmland asset values. Surprisingly little evidence substantiates this claim. Using field-level data and explicitly controlling for potentially confounding variables we find that landlords only capture between 14 – 24 cents of the marginal subsidy dollar. The duration of the rental arrangement has a substantial effect on the incidence. Initially, landlords extract 44 cents of the marginal subsidy dollar, but the incidence falls by 1.5 cents with each additional year of the rental arrangement. This duration effect reveals that rental market frictions play an important... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural and Food Policy. |
| Ano: 2010 |
URL: http://purl.umn.edu/62028 |
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| Kirwan, Barrett E.; Cawley, John. |
| The doubling of the prevalence of obesity in the U.S. since 1980 has generated tremendous interest in understanding the causes of obesity and its recent rise. We study one important potential cause that has been little investigated: U.S. agriculture policy. We document that, by pursuing policies that benefit agricultural producers, the U.S. promotes excess supply and lower prices which contribute to higher calorie intake and obesity. We estimate that agricultural subsidies account for 0.75 - 1.2 percent of the rise in average body mass index (BMI) between 1984 and 1999 in the U.S. An appreciation for how U.S. farm policy indirectly affects calorie intake and obesity may yield insights into how to best counter such unintended consequences and limit or... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural and Food Policy; Health Economics and Policy. |
| Ano: 2008 |
URL: http://purl.umn.edu/6405 |
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| Kirwan, Barrett E.. |
| This paper investigates the effect of government-provided crop insurance on farm failure rates. By exploiting random variation in weather and the Federal Crop Insurance Reform Act of 1994, which mandated crop insurance coverage for the first time, I employ two natural experiments that identify the causal effect of disaster relief on farm failure rates. I examine the survival smoothing contribution of crop insurance by looking at the relative effect of disaster relief across two regimes, pre- and post-1994. Prior to 1994 ad hoc, ex post disaster payments were the primary form of disaster relief. Shortly after the 1994 Act virtually all disaster relief came through crop insurance indemnities. I find that disaster relief in the form of ad hoc disaster... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural Finance; Farm Management; Risk and Uncertainty. |
| Ano: 2009 |
URL: http://purl.umn.edu/49569 |
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| Registros recuperados: 11 | |
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