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Analyzing Producer Preferences for Counter-Cyclical Government Payments

Published online by Cambridge University Press:  28 April 2015

J. Corey Miller ,
Barry J. Barnett  and
Keith H. Coble
J. Corey Miller
Affiliation:
National Risk Management Feasibility Program for Aquaculture, Department of Agricultural Economics, Mississippi State University, Mississippi State, MS
Barry J. Barnett
Affiliation:
Department of Agricultural and Applied Economics, University of Georgia, Athens, GA
Keith H. Coble
Affiliation:
Department of Agricultural Economics, Mississippi State University, Mississippi State, MS
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Abstract

A dynamic-stochastic model is developed to evaluate preferences among alternative countercyclical payment programs for representative farms producing corn or soybeans in Iowa and cotton or soybeans in Mississippi. Countercyclical payment programs are found to not necessarily be preferred to fixed payment programs.

Keywords

agricultural policybootstrappingcountercyclical paymentsnonparametricC15D81Q12Q18
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 35 , Issue 3 , December 2003 , pp. 671 - 684
Copyright
Copyright © Southern Agricultural Economics Association 2003

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