The Effect of Government Policy on Flue-Cured Tobacco Yields

William Foster and Bruce Babcock

No 270721, 1989 Annual Meeting, July 30-August 2, Baton Rouge, Louisiana from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Statistical analysis using rainfall and time trends accounts for county average flue-cured tobacco yields in North Carolina from 1940 to 1987. A change in the annual yield growth path occurred in 1965. The data are consistent with the hypothesis that the switch from acreage allotments to poundage quotas for flue-cured tobacco beginning in 1965 caused a decline in both yield levels and rates of annual yield increase. Both declines are fully consistent with changed relevant incentives facing growers and researchers

Keywords: Crop Production/Industries; Political Economy (search for similar items in EconPapers)
Pages: 19
Date: 1989-07-30
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Related works:
Working Paper: Effect of Government Policy on Flue Cured Tobacco Yields (The) (1990)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea89:270721

DOI: 10.22004/ag.econ.270721

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