FARM PROGRAMS AND THE ENVIRONMENT: THE CASE FOR A LIMITED LAND PAYMENT
Willis L. Peterson
No 13876, Staff Papers from University of Minnesota, Department of Applied Economics
Abstract:
The results of estimating reduced form supply and input demand functions suggest that farm programs have increased the area planted to corn and soybeans in the corn belt by about 12 percent, and increased fertilizer and chemical use per acre by about 18 percent. It is argued that a limited land payment (LLP) program would be neutral in its effect on the environment while helping to preserve family farms and rural communities.
Keywords: Agricultural and Food Policy; Environmental Economics and Policy (search for similar items in EconPapers)
Pages: 19
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:ags:umaesp:13876
DOI: 10.22004/ag.econ.13876
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