The effects of decoupling on land allocation
Teresa Serra,
David Zilberman,
Jose Gil and
Allen Featherstone
Applied Economics, 2009, vol. 41, issue 18, 2323-2333
Abstract:
The purpose of this article is to study the impact of agricultural policy decoupling on land allocation decisions. Our analysis contributes to the literature by formally assessing the effects of decoupling on farms' crop mix and on the decision to set land aside. The analysis is undertaken within the framework of the model of production under uncertainty developed by Just and Zilberman (1986). Our empirical application focuses on a sample of Kansas farms observed from 1998 to 2001. Results show that US agricultural policy decoupling has resulted in a shift in land use away from program crops towards nonprogram commodities offering higher expected profits and idle land.
Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (9)
Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/00036840701222520 (text/html)
Access to full text is restricted to subscribers.
Related works:
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:taf:applec:v:41:y:2009:i:18:p:2323-2333
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEC20
DOI: 10.1080/00036840701222520
Access Statistics for this article
Applied Economics is currently edited by Anita Phillips
More articles in Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst (chris.longhurst@tandf.co.uk).