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
复制标题
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
复制
发表时间:
2003
期刊:
影响因子:
--
通讯作者:
D. Sumner
中科院分区:
文献类型:
--
作者:
J. McDonald;D. Sumner
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.