GOVERNMENT POLICIES AND THEIR EFFECTS ON RESOURCE USE IN THE U.S. GRAIN AND OILSEED SECTORS

Peter S. Liapis

No 20861, 1998 Annual meeting, August 2-5, Salt Lake City, UT from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Three policies widely used by governments around the world--market price supports, direct payments, and input subsidies--are analyzed for their implications for resource use and effectiveness in transferring income to growers. Results indicate that direct payments are the most effective while input subsidies are least effective in transferring income to farmers. All policies result in expanded input use with input subsidies having the largest effect while direct payments have the least impact.

Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
Pages: 12
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea98:20861

DOI: 10.22004/ag.econ.20861

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