Understanding the Economic Factors Influencing Farm Policy Preferences

Keith Coble, Thomas O. Knight, George F. Patrick and Alan E. Baquet

Review of Agricultural Economics, 2002, vol. 24, issue 2, 309-321

Abstract: A survey conducted in Mississippi, Texas, Indiana, and Nebraska elicited producers' preferences for various farm policy changes. This permitted examination of the diversity of preferences that single-state studies have not allowed. Five policy choices, including deficiency payments, loan programs, crop insurance, export programs, and disaster payments were examined. Logit model results predicting producer preferences for each of the five dichotomous policy choices are reported. Explanatory variables based on expected utility theory such as risk aversion, price and yield variability, and price-yield correlation are significant in various models.

Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://hdl.handle.net/10.1111/1467-9353.00021 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Journal Article: Understanding the Economic Factors Influencing Farm Policy Preferences (2002)
Working Paper: UNDERSTANDING THE ECONOMIC FACTORS INFLUENCING FARM POLICY PREFERENCES (2000)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:revage:v:24:y:2002:i:2:p:309-321.

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

More articles in Review of Agricultural Economics from Agricultural and Applied Economics Association Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ( this e-mail address is bad, please contact ) and Christopher F. Baum ().