The farm problem is a longstanding topic in agricultural economics, and farm organizations continue to press claims that they are disadvantaged and deserve public support. While society may choose to support farmers it is clear that existing farm programs to not do an effective job of providing...

Aggregate farm income is the standard measure of farm household economic well-being. In Canada farm groups have used a multi-year decline in one measure of farm income - realized net income, to press for increased financial transfers. In the first part of the paper income data is reviewed to...

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n the paper we provide an explanation of the persistence of the commodity titles in US farm bills that is grounded in core theories of the policy process from the political science literature. The political science literature explains policy continuity and policy change from a number of...

In this paper I first discuss the role of external capital constraints in limiting the ability of farmers to implement new technologies. Via a theoretical model, I illustrate the role of farm size in determining if a particular cost-reducing technology is implemented. I show that the cost...

It's time to take a close look at recent trends agriculture and in rural areas and speculate where these trends might lead. What are the important forces that will shape the future agriculture and rural areas in the 21st century? What are the implications of these forces on the programs that...

This paper compares domestic dairy policies In both the United States (US) and the European Community (EC) and examines the Impact of these policies on each respective dairy Industry in order to explore domestic policy Interdependence. The EC and the US have Similar goals of improving farm...

In 1973 the Governor of Kentucky's Council of Agriculture commissioned a Task Force at the University of Kentucky College of Agriculture to develop estimates of Kentucky's Agricultural potentials. Product potentials were estimated for 1980 and for the "long-term" to 1992. Similarly, capital and...

Why did US farmers fare poorly even as most other segments of the US economy prospered during the 1990s? I develop three arguments to explain why US agriculture was prospered in the 1970s but has underperformed relative to the rest of the US economy in most of the 1980s and 1990s. Measures of...