Distribution of Benefits from Participation in the Farmer-Owned Grain Reserve by Farm Size under Risk

Andrew Morton, James Langley and Earl O. Heady

No 279242, 1981 Annual Meeting, July 26-29, Clemson, South Carolina from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: A present value certainty equivalence approach is used to assess the potential distributional aspects of participating in the farmer-owned reserve across farm size under risk. Even if the risk discount increases with farm size, other aspects favor participation of large producers enough to outweigh the risk factor.

Keywords: Risk; and; Uncertainty (search for similar items in EconPapers)
Pages: 16
Date: 1981-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea81:279242

DOI: 10.22004/ag.econ.279242

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