Recursive Models and Stabilization Policies: Some Problems and Techniques in Evaluation

S. Chin, D. Hedley, G. MacAulay and B. Paddock

No 284104, 1975 Annual Meeting, August 10-13, Columbus, Ohio from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The study of stabilization programs, such as a deficiency payments scheme, is made difficult when expectations of a payment are involved. An approach to modelling a minimum guaranteed price which is announced forward in time is outlined. Some useful measures for evaluating programs follow from the analysis.

Keywords: Research; Methods/Statistical; Methods (search for similar items in EconPapers)
Pages: 22
Date: 1975-08
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea75:284104

DOI: 10.22004/ag.econ.284104

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