Effects of Government Programs on Wheat Acreage Response in the U.S. and Canada

Koo Won-Whoi

Journal of Rural Development/Nongchon-Gyeongje, 1984, vol. 07, issue 2

Abstract: A comparative examination of the two major exporters' dynamic wheat acreage response models reveals that U.S. farmers have responded more .sensitively than their Canadian counterparts to government programs but less sensitively to price. This results from differences in the method of government intervention and possibilities for crop substitution. Direct control on acreage characterizes the U.S. approach,. while the Canadian approach is one_ of guaranteeing minimum returns and volumes marketed through the Canadian Wheat Board. In addition, more alternative crops are available for substitution in Canada than in the U.S.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jordng:287502

DOI: 10.22004/ag.econ.287502

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