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ERRONEOUS INFERENCES REGARDING THE IMPACT OF GOVERNMENT PROGRAMS ON RICE PRODUCERS- COMPARATIVE ANALYSIS OF AGGREGATE, MEAN, AND STRUCTURAL DATA

J. Bruce Hottel, J. Rod Martin and Don S. Moore

No 284675, 1973 AAEA-CAES-WAEA Joint Meeting, August 8-11, Edmonton, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The objective of this paper is to examine an empirical example of how misleading inferences may be when using aggregate averages in an attempt to understand the general effects of current conditions or changes in Government farm programs. Although contiguous distributional data is not developed, the position taken in this analysis is that (1) the production structure is so diverse that general observations and information constructed from secondary ,data are often inadequate to properly evaluate the effect of agricultural programs, but (2) some central tendencies exist within the production structure so that some meaningful delineations can be made with adequate stratification. It is contended that a relevant delineations must include data pertaining to the ownership of major resources used in production and the debt structure of farm resource owners and users.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Pages: 8
Date: 1973-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea73:284675

DOI: 10.22004/ag.econ.284675

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