How U.S. farm programs and crop revenue insurance affect returns to farm land

A simulation model incorporating price and yield variability is used to examine the impact of government farm program and crop revenue coverage (CRC) insurance payments on the probability distribution of returns to land. Results indicate that Marketing Loan Program payments have the greatest impact...

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Veröffentlicht in:Applied economic perspectives and policy 2004-06, Vol.26 (2), p.238-253
Hauptverfasser: Gray, Allan W., Boehlje, Michael D., Gloy, Brent A., Slinsky, Stephen P.
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Sprache:eng
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