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An Empirical Investigation of the Linkages between Government Payments and Farmland Leasing Arrangements AgEcon
Qiu, Feng; Goodwin, Barry K.; Gervais, Jean-Philippe.
Replaced with revised version of paper 07/29/10.
Tipo: Conference Paper or Presentation Palavras-chave: Contract choice; Hybrid contract; Farm bill; Program payments; Agricultural and Food Policy; Environmental Economics and Policy; Industrial Organization; Institutional and Behavioral Economics; Land Economics/Use; Risk and Uncertainty; Q12; Q15; Q18.
Ano: 2009 URL: http://purl.umn.edu/49242
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An Empirical Investigation of the Linkages between Government Payments and Farmland Leasing Arrangements AgEcon
Qiu, Feng; Goodwin, Barry K.; Gervais, Jean-Philippe.
This article investigates the impacts of decoupled and coupled program payments on farmland rental contract choices for a subset of U.S. crop farms using a principal-agent model.We consider cash and share contracts as well as hybrid contracts, which represent an increasingly prominent feature of U.S. agriculture. The conceptual framework suggests that restrictions on payments between contracting parties are ineffective and induce an offsetting contractual rearrangement. Empirical results from a multinomial logit model confirm that government support programs have large, significant effects on contract choices and that these effects vary by types of programs.
Tipo: Article Palavras-chave: Benefit distribution; Contractual rearrangement; Hybrid contract; Leasing arrangements; Program payments; Agricultural Finance; Farm Management; Financial Economics.
Ano: 2011 URL: http://purl.umn.edu/119179
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An Overview of the Canadian Agriculture and Agri-Food System AgEcon
This 2008 report provides an economic overview of the Canadian agriculture and agri-food system. It is meant to be a multi-purpose reference document to provide: an introduction to the agriculture and agri-food system; a snapshot of structural changes that are occurring throughout the system in response to various factors; and background data and information to inform public discussions on challenges and opportunities facing the Canadian agriculture and agri-food system. The 2008 report begins with a special feature describing recent developments in global commodity markets when prices rose dramatically over the past year. It continues by reviewing each segment of the system, going upstream from consumers to food distribution, food, beverage and...
Tipo: Report Palavras-chave: Agriculture; Agri-food; Gross Domestic Product; GDP; Employment; Exports; Imports; Innovation; Inflation; Farm typology; Farm income; Government support; Program payments; Profitability; Processing; Concentration; Water; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Consumer/Household Economics; Demand and Price Analysis; Environmental Economics and Policy; Farm Management; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; International Relations/Trade; Labor and Human Capital; Land Economics/Use; Livestock Production/Industries; Marketing; Production Economics; Productivity Analysis; Public Economics; Research and Development/Tech Change/Emerging Technologies; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/46805
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An Overview of the Canadian Agriculture and Agri-Food System 2009 AgEcon
This 2009 report provides an economic overview of the Canadian agriculture and agri-food system. It is meant to be a multi-purpose reference document to provide: an introduction to the agriculture and agri-food system; a snapshot of structural changes that are occurring throughout the system in response to various factors; and background data and information to inform public discussions on challenges and opportunities facing the Canadian agriculture and agri-food system. Charts and tables with brief accompanying texts are used to summarize information and to provide base performance indicators. The 2009 report begins with a special feature which describes indicators to benchmark competitiveness of the Canadian agriculture and agri-food sector at the...
Tipo: Report Palavras-chave: Agri-food; Competitiveness; Consumers; GDP; Employment; Exports; Imports; Innovation; Inflation; Farm typology; Income; Government support; Program payments; Profitability; Processing; Concentration; Water; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Consumer/Household Economics; Crop Production/Industries; Demand and Price Analysis; Environmental Economics and Policy; Farm Management; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; International Relations/Trade; Labor and Human Capital; Land Economics/Use; Livestock Production/Industries; Marketing; Production Economics; Productivity Analysis; Public Economics; Research and Development/Tech Change/Emerging Technologies; Resource /Energy Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/59885
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Effects of Changes to Farm Program Payment Policies on the Distribution of Payments and Income Inequality of Farm Households AgEcon
Durst, Ron L.; El-Osta, Hisham S..
In recent years, increasing attention has focused on the distribution of government payments, especially the share of payments that go to large farms and high-income farm households. Farm commodity program payment limits were first introduced in the Agricultural Act of 1970. The Farm Security and Rural Investment Act of 2002 for the first time supplemented program payment limits with a cap on the income farmers could earn and still receive farm program payments. The 2008 Farm Act tightened payment limitations on some producers and replaced the total adjusted gross income (AGI) limit with separate lower caps for the farm and nonfarm components of AGI. This research uses data from the Agricultural Resource Management Survey (ARMS), a survey of farm...
Tipo: Conference Paper or Presentation Palavras-chave: Program payments; Farm households; Income; Inequality; Payment limits; Adjusted gross income; Agricultural and Food Policy; Consumer/Household Economics.
Ano: 2010 URL: http://purl.umn.edu/60993
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