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Effects of the 1986 Tax Reform Act on Grain Marketing Decisions: A Case Study of Winter Wheat Producers

Russell Tronstad and C. Robert Taylor

No 270323, 1988 Annual Meeting, August 1-3, Knoxville, Tennessee from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Dynamic programming is utilized to derive an optimal monthly cash grain marketing decision rule for years before and after the 1986 Tax Reform Act. State variables of grain price, storage, and before-tax income were considered in this analysis. Results indicate changes in optimal marketing decisions for different tax years.

Keywords: Agricultural and Food Policy; Crop Production/Industries; Political Economy (search for similar items in EconPapers)
Pages: 15
Date: 1988-08-01
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Journal Article: Effects of the 1986 Tax Reform Act on Grain Marketing Decisions: A Case Study of Winter Wheat Producers (1989) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea88:270323

DOI: 10.22004/ag.econ.270323

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