Land Quality and Diversion Decisions Under U.S. Commodity Programs
Bruce Babcock (),
William Foster () and
Dana Hoag ()
Staff General Research Papers Archive from Iowa State University, Department of Economics
Field level distributions of land quality are used to explain diversion decisions under U.S. commodity programs. Regression results for North Carolina indicate that differences in the yield potential of soils may influence the opportunity costs of land diversions. These effects increase with farm size. For large farms, a decrease in mean soil quality on a field relative to the farm mean or an increase in the coefficient of variation of quality within a field increases the proportion of land diverted within a field. There is no evidence that small farmers respond to land quality distributions in making diversion decisions.
References: Add references at CitEc
Citations: Track citations by RSS feed
Published in Review of Agricultural Economics 1993, vol. 15, pp. 467-476
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:isu:genres:10584
Access Statistics for this paper
More papers in Staff General Research Papers Archive from Iowa State University, Department of Economics Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070. Contact information at EDIRC.
Bibliographic data for series maintained by Curtis Balmer ().