Government policy cross effects: The cotton and dairy programs' influence on alfalfa hay markets

Steven Blank () and Harry W. Ayer
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Harry W. Ayer: Extension Economists in the Department of Agricultural Economics, University of Arizona, Postal: Extension Economists in the Department of Agricultural Economics, University of Arizona

Agribusiness, 1987, vol. 3, issue 4, 385-392

Abstract: To illustrate the magnitude of government policy impacts on nonprogram products, estimates are presented of the 1986-1987 crop year effects of both the 1986 cotton and dairy programs on the Arizona alfalfa hay market. These policy “cross effects” are calculated from simulation results of a simple econometric model. The estimated impact of $8.91 per ton represents a nine percent reduction in gross unit revenues from hay.

Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:wly:agribz:v:3:y:1987:i:4:p:385-392

DOI: 10.1002/1520-6297(198724)3:4<385::AID-AGR2720030404>3.0.CO;2-H

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