INCORPORATING THE 1990 FARM BILL INTO FARM-LEVEL DECISION MODELS: AN APPLICATION TO COTTON FARMS
Patricia A. Duffy,
Danny L. Cain and
George J. Young
Journal of Agricultural and Applied Economics, 1993, vol. 25, issue 2, 15
A five-year, 0.1, mixed integer programming model was developed to analyze the effects of 1990 Farm Bill legislation on the crop-mix decisions made on cotton farms. Results showed that, when compared to the 1985 Farm Bill, the 1990 Farm Bill can result in higher whole-farm income despite new "triple base" provisions limiting payment acres. The increase in income results from elimination of limited cross-compliance provisions and the change to a three-year base calculation. The model was also used to assess the likely impact of possible changes in the current legislation.
Keywords: Agricultural and Food Policy; Crop Production/Industries (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:15041
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