THE EFFECT OF FARM POLICIES ON THE RISKINESS OF FARMING ACCOUNTING FOR THE INDUCED LEVERAGE EFFECT

Allen Featherstone, Charles Moss and Timothy Baker ()

No 278070, 1986 Annual Meeting, July 27-30, Reno, Nevada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The effects of risk reducing and income augmenting farm policies are examined using a theoretical framework which incorporates optimal leverage. Results indicate that the use of risk reducing and income augmenting farm policies increase the expected utility of farmers, hOwever, the policies make farmers more susceptible to equity losses.

Keywords: Agricultural and Food Policy; Farm Management (search for similar items in EconPapers)
Pages: 17
Date: 1986-07
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/278070/files/aaea-1986-031.pdf (application/pdf)

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:ags:aaea86:278070

DOI: 10.22004/ag.econ.278070

Access Statistics for this paper

More papers in 1986 Annual Meeting, July 27-30, Reno, Nevada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Bibliographic data for series maintained by AgEcon Search ().