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Registros recuperados: 46 | |
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Smith, Vincent H.; Goodwin, Barry K.. |
Recent research has questioned the extent to which government policies, including conservation and risk management programs, have influenced environmental indicators. The impacts of income-supporting and risk management programs on soil erosion are considered. An econometric model of the determinants of soil erosion, program participation, conservation effort, and input usage is estimated. While the Conservation Reserve Program has reduced erosion an average of 1.02 tons per acre from 1982 to 1992, approximately half of this reduction has been offset by increased erosion resulting from government programs other than federally subsidized crop insurance. |
Tipo: Journal Article |
Palavras-chave: Conservation Reserve Program; Farm policy; Soil erosion; Agricultural and Food Policy. |
Ano: 2003 |
URL: http://purl.umn.edu/31090 |
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Smith, Vincent H.. |
This paper uses a deterministic asset replacement model to examine the implications of the 1986 Tax Reform Act (TRA) for replacement investment in U.S. agriculture. The optimal replacement age for an asset is shown to be inversely related to the size of investment tax credits and the present value of depreciation allowances but generally directly related to marginal tax rate. Simulation results indicate that the net effects of the TRA vary across assets. Replacement ages for assets with relatively long depreciation lives (e.g., farm structures) tend to fall. Those for assets with relatively short depreciation lives rise (e.g., tractors). |
Tipo: Journal Article |
Palavras-chave: Agricultural and Food Policy. |
Ano: 1990 |
URL: http://purl.umn.edu/29906 |
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Goodwin, Barry K.; Smith, Vincent H.. |
Dynamic relationships between three classes of wheat are investigated using threshold VAR models incorporating the effects of protein availability. Changes in the stock of protein are found to generate significant impulse responses in the price of hard spring red wheat and hard red winter wheat but not soft red wheat. These impulse responses to identical changes in protein stocks are larger when the absolute deviations of protein stocks from normal levels are large. Shocks to the prices of individual classes of wheat result in complex impulse responses in the prices of the other wheats. Notably, however, a shock to the price of hard red winter wheat appears to result in little or no impluse response in the price of hard spring wheat, though, importantly,... |
Tipo: Working or Discussion Paper |
Palavras-chave: Demand and Price Analysis. |
Ano: 2005 |
URL: http://purl.umn.edu/29156 |
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Bekkerman, Anton; Smith, Vincent H.; Watts, Myles J.. |
The Supplemental Revenue Assistance Payments (SURE) program, introduced in the 2008 Farm Bill, provides disaster aid payments to producers in counties eligible for disaster payments and individual producers with crop production losses that exceed 50% of their expected yields. We show that the program’s "rules of the game" create moral hazard and adverse selection incentives. Then, we empirically analyze possible moral hazard and adverse selection behavior in response to the SURE program by corn, soybean, and wheat producers. Results suggest that recent increases in crop insurance participation may be due to increased moral hazard and adverse selection incentives. |
Tipo: Presentation |
Palavras-chave: Risk and Uncertainty. |
Ano: 2012 |
URL: http://purl.umn.edu/124178 |
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Marenya, Paswel Phiri; Smith, Vincent H.; Nkonya, Ephraim M.. |
Land degradation in most sub Saharan Africa is a widely recognized problem and is due in large part to poor land management practices. To address this problem, several policy-based incentives to increase the adoption of better land management practices have been proposed, including fertilizer subsidies, cash payments and, more recently, subsidized or commercially offered weather index-based insurance contracts. However, little is known about farmers’ preferences among these policy alternatives, their relative effectiveness, and their likely fiscal implications. Using survey and choice elicitation data from 271 farmers in Central Malawi, this study examines smallholder farmers’ preferences among four major policy options that provide incentives for adopting... |
Tipo: Presentation |
Palavras-chave: Choice elicitation; Cash transfer; Fertilizer subisdy; Incenitves; Indemnity insurance; Malawi; Agricultural and Food Policy; International Development; Q12; Q24. |
Ano: 2012 |
URL: http://purl.umn.edu/124010 |
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Smith, Vincent H.; Glauber, Joseph W.. |
The 1996 Farm Bill, now known as the FAIR (Federal Agricultural Improvement and Reform) Act of 1996, has been portrayed as reforming U.S. agricultural policy. Gone are set aside and base acreage controls over farm planting decisions. Gone, too, are deficiency payment programs that provided protection against downward price movements for producers of program commodities. According to conventional wisdom, the FAIR Act provides an environment in which farmers enjoy greater production flexibility, but face much more risk. In fact, careful examination of the FAIR Act innovations leads to the conclusion that no radical changes have been made in food and feed grain agricultural policies, and that it is unlikely that the FAIR Act will cause large changes in crop... |
Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural policy; 1996 Farm Bill; Feed and food grains; Agricultural and Food Policy; Q1. |
Ano: 1997 |
URL: http://purl.umn.edu/29170 |
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Goodwin, Barry K.; Smith, Vincent H.. |
Dynamic relationships among three classes of wheat are investigated using threshold VAR models that incorporate the effects of protein availability. Changes in the stock of protein are found to generate significant responses in the prices of hard red spring wheat and hard red winter wheat, but not soft red wheat. The responses to identical changes in protein stocks are larger when the magnitudes of deviations of protein stocks from normal levels are large. Shocks to the prices of individual classes of wheat result in complex responses in the prices of the other wheat classes. Notably, however, a shock to the price of hard red winter wheat appears to result in little or no response in the price of hard spring wheat, though importantly, the opposite is not... |
Tipo: Report |
Palavras-chave: Protein; Thresholds; Vector autoregressions; Wheat prices; Crop Production/Industries. |
Ano: 2009 |
URL: http://purl.umn.edu/54544 |
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Alston, Julian M.; Pardey, Philip G.; Smith, Vincent H.. |
Governments everywhere are trimming their support for agricultural R&D, giving greater scrutiny to the support that they do provide, and reforming the public agencies that fund, oversee, and carry out the research. This represents a break from previous patterns, which had consisted of expansion in the public funds for agricultural R&D. Private‐sector spending on agricultural research has slowed along with the growth of public spending in recent years, but the balance continues to shift towards the private sector. This article presents a quantitative review of these funding trends and the considerable institutional changes that have accompanied them. We discuss new data for 22 OECD countries, providing institutional details for five of these... |
Tipo: Journal Article |
Palavras-chave: Research and Development/Tech Change/Emerging Technologies. |
Ano: 1998 |
URL: http://purl.umn.edu/117222 |
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Buschena, David E.; Smith, Vincent H.; Di, Hua. |
Market-oriented policy reforms often have important effects on farm-level grain production and utilisation decisions in developing countries. China’s grain farmers are of particular interest because of China’s importance in world grain markets and because of China’s recent major agricultural policy advances and retrenchments. An empirical evaluation of market liberalisation among farmers located in two provinces in China on farm-level wheat consumption, market sales and on-farm storage during 1994 is presented. The results indicate that policymakers should account for such changes in farm household behaviour in designing and assessing the consequence ofmarket liberalisation programs for agricultural sectors in developing countries. |
Tipo: Article |
Palavras-chave: China; Grain storage; Household allocation decisions; Procurement quotas; Wheat; Crop Production/Industries. |
Ano: 2005 |
URL: http://purl.umn.edu/118442 |
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Registros recuperados: 46 | |
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