The Influence of Commodity Programs on Acreage Response to Market Price: With an Illustration Concerning Rice Policy in the United States

The Influence of Commodity Programs on Acreage Response to Market Price: With an Illustration Concerning Rice Policy in the United States
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商品计划对种植面积对市场价格反应的影响:以美国稻米政策为例

DOI:
10.1111/1467-8276.00493
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发表时间:
2003
期刊:
Agricultural & Natural Resource Economics eJournal
影响因子:
--
通讯作者:
D. Sumner
D. Sumner
中科院分区:
--
文献类型:
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作者:
J. McDonald;D. Sumner

文献摘要

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农场计划影响典型估计的供给函数的参数。我们开发和应用的方法,使用详细的信息,农业计划的激励和约束,以确定潜在的结构性种植面积响应参数时,数据反映在复杂的政府商品计划的行为。我们用美国水稻种植面积对市场价格的反应数据来说明这种方法。对于美国大米,未能适当纳入生成市场数据的程序规则的估计比大多数政策分析或替代政策下的预测有用的结构参数小三到四倍。版权所有2003年,牛津大学出版社。
Farm programs influence the parameters of typically estimated supply functions. We develop and apply an approach that uses detailed information about farm program incentives and constraints to identify underlying structural acreage response parameters when the data reflect behavior under complex government commodity programs. We illustrate the approach with data on rice acreage response to market price in the United States. For U.S. rice, estimates that fail to appropriately incorporate the program rules under which market data were generated are three to four times smaller than the structural parameters that are useful for most policy analysis or projections under alternative policies. Copyright 2003, Oxford University Press.