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Please use this identifier to cite or link to this item: http://purl.umn.edu/119784

Title: Analyzing Crop Revenue Safety Net Program Alternatives and Impacts on Producers and Program Costs
Authors: Jansen, Jim A.
Lubben, Bradley D.
Stockton, Matthew C.
Authors (Email): Jansen, Jim A. (jim.jansen@huskers.unl.edu)
Lubben, Bradley D. (blubben2@unl.edu)
Stockton, Matthew C. (mstockton2@unl.edu)
Keywords: agricultural policy
farm bill
farm programs
government payments
representative farms
risk management
simulation
JEL Codes: Q12
Q18
Issue Date: 2012-01-17
Abstract: This study evaluates the policy effects of alternative program designs for federal revenue-based farm income safety net programs. Eight representative farms across Nebraska are used to stochastically simulate the financial impact of changing the current farm crop revenue-based safety net with a state revenue trigger against potential alternative programs involving guarantees at the district, county, or farm level. Results indicate that decreasing the aggregation of the revenue guarantee increases expected farm-level payments and program costs for the revenue-based safety net.
URI: http://purl.umn.edu/119784
Institution/Association: Southern Agricultural Economics Association>2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama
Total Pages: 18
Collections:2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama

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