| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
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| Título: |
Is There Supply Distortion In The Green Box? An Acreage Response Approach
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| Autores: |
Bakhshi, Samira
Kerr, William A.
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| Data: |
2009-06-15
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| Ano: |
2009
|
| Palavras-chave: |
WTO
Decoupled
Green box
Area
Production
Agricultural and Food Policy
Crop Production/Industries
International Relations/Trade
Production Economics
|
| Resumo: |
The shift of the farm subsidies toward programs classified as being decoupled income supports in the WTO’s URAA raises the question of their true impact on production and trade. In this study, we measured the acreage effects of the Canadian whole farm programs under uncertainty. Based on the theoretical discussions regarding the role of the insurance effect in acreage decisions, we extend the theoretical restrictions examined by Chavas and Holt (1990)which enables us to include this effect in our model specification. Hence, we modified the expected utility maximization framework (under the hypothesis that farmers are risk averse) developed by Chavas and Holt (1990) and derived three distinct effects: market effects, the wealth effect, and the insurance effect.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
|
| Identificador: |
http://purl.umn.edu/51093
|
| Relação: |
Canadian Agricultural Trade Policy Research Network>Working Papers
CATPRN Working Paper
2009-04
|
| Formato: |
80
|
