SUBSIDIZATION OF AGRICULTURE lNURBANIZING REGIONS

Barry C. Field and P Allen

No 283908, 1976 Annual Meeting, August 15-18, State College, Pennsylvania from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Conventional welfare principles are used to examine regional programs of agricultural protection, optimal subsidies are found to depend on the degree to which contractions in regional agricultural output are irreversible. A subsidy on the input that underlies the irreversibility, such as land, need be lower than one on output: generally, since it induces input substitutions, Income redistributions from consumers to producers are considered.

Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
Pages: 16
Date: 1976-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea76:283908

DOI: 10.22004/ag.econ.283908

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