000138238 001__ 138238
000138238 005__ 20180122223403.0
000138238 037__ $$a1491-2016-130275
000138238 037__ $$a1491-2016-130456
000138238 041__ $$aen_US
000138238 245__ $$aDetermination of a Variable Price Support Schedule as Applied to Agricultural Production Control
000138238 260__ $$c1991
000138238 269__ $$a1991
000138238 300__ $$a7
000138238 336__ $$aJournal Article
000138238 520__ $$aAdoption of variable price support (VPS) schedules could be effective in controlling agricultural production and targeting program benefits to specific farm groups. The design of a VPS program would require determination of price schedules for farm-level production decisions that satisfy both farmer and program objectives. We applied a primal-dual mathematical programming model to the determination of a VPS program for production control of US corn, wheat, and soybeans. We show that government program costs under the VPS program would decline to $15 billion from $26.8 billion under a comparably scaled mandatory production control program. The program benefits to a 120-acre farm would increase 80 percent to $18,000 from $10,000 while the benefits to a 2,500-acre farm would fall 82 percent to $40,000.
000138238 542__ $$fLicense granted by Cassie Olson (olso6159@umn.edu) on 2012-11-07T17:53:38Z (GMT):

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000138238 650__ $$aProduction Economics
000138238 6531_ $$asupply
000138238 6531_ $$aagricultural policy
000138238 6531_ $$acommodity programs
000138238 6531_ $$aincome support
000138238 6531_ $$aprimal-dual programming
000138238 700__ $$aHuang, Wen-Yuan
000138238 700__ $$aHyberg, Bengt
000138238 773__ $$d1991$$jVolume 43$$kNumber 3$$tJournal of Agricultural Economics Research
000138238 8564_ $$s410193$$uhttp://ageconsearch.umn.edu/record/138238/files/4Huang_43_3.pdf
000138238 887__ $$ahttp://purl.umn.edu/138238
000138238 909CO $$ooai:ageconsearch.umn.edu:138238$$pGLOBAL_SET
000138238 912__ $$nSubmitted by Cassie Olson (olso6159@umn.edu) on 2012-11-07T18:02:07Z
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  Previous issue date: 1991
000138238 982__ $$gUnited States Department of Agriculture>Economic Research Service>Journal of Agricultural Economics Research>Volume 43, Number 3, Summer 1991
000138238 980__ $$a1491