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This report evaluates the 2002 farm bill and the effects of the individual programs within the bill on North Dakota net farm income. A stochastic simulation model was developed, using @Risk by Palisade. @Risk replaces the mean values for price and yield with a distribution of values for the...
Persistent link: https://www.econbiz.de/10009443998
Replaced with revised version of paper 07/29/10.
Persistent link: https://www.econbiz.de/10009444699
Rankings of different risk management portfolios including Average Crop Revenue Election (ACRE), traditional government payment programs, crop insurance and hedging in futures; and optimal choices of insurance coverage levels and hedge ratios are evaluated for a representative central Indiana...
Persistent link: https://www.econbiz.de/10009446135
The 1996 Federal Agricultural Improvement and Reform (FAIR) Act of 1996 has been portrayed as a radical departure from the farm policies of the past 60 years. FAIR brought sweeping institutional changes to the basic price and income support programs, many of which had been in place since the...
Persistent link: https://www.econbiz.de/10009429508
We design an experiment to simulate how people make agricultural production decisions under three policy scenarios, each incorporating direct payments (DPs): (a) price uncertainty without countercyclical payments (CCPs); (b) price uncertainty with CCPs; and (c) price uncertainty, CCPs, and...
Persistent link: https://www.econbiz.de/10009429539
Government programs that restrict production and increase prices to particular groups of producers have a long history in the United States. The purpose of this research is to analyze the implications of such a program for peanuts in three independent essays. The first essay focuses on the...
Persistent link: https://www.econbiz.de/10009431186
With increased pressures on today’s Federal Budget, there may be funding cutson agriculture programs. These cuts would certainly bring about increased concern as towhich programs and which crops take the biggest cut. A straight cut across the boardwill likely affect each commodity group...
Persistent link: https://www.econbiz.de/10009464821
international practice, and (2) the port State's use of targeting to focus its attention on substandard performance. It will also … outline and clarify the practice of targeting which has been employed under several regional port State control agreements … throughout the world. This study will examine targeting as an economic sanction; in essence, a coercive measure using financial …
Persistent link: https://www.econbiz.de/10009455856
My dissertation is composed of three essays on Development Economics in China. The first chapter, co-authored with Hongbin Li, evaluates the impact of the 8-7 Plan, the second wave of China's poverty alleviation program, on rural income growth at the county level over the period 1994-2000. Since...
Persistent link: https://www.econbiz.de/10009450807
The purpose of the paper is examining the potential implications for the UK sugar beet sector of the EU sugar regime reform. Although the reform has yet to be formalised, the initial proposals centre on price and quota cuts. Using panel data from the Farm Business Survey for England, the paper...
Persistent link: https://www.econbiz.de/10009479485