000019540 001__ 19540
000019540 005__ 20180121173631.0
000019540 037__ $$a378-2016-21127
000019540 041__ $$aen
000019540 245__ $$aImpacts of Budget Reconciliation on U.S. Crop Producers
000019540 260__ $$c2005
000019540 269__ $$a2005
000019540 270__ $$mjwrichardson@tamu.edu$$pRichardson,   James W.
000019540 270__ $$mjoutlaw@tamu.edu$$pOutlaw,   Joe L.
000019540 270__ $$mjmraulston@afpc.tamu.edu$$pRaulston,   J. Marc
000019540 270__ $$mgknapek@afpc.tamu.edu$$pKnapek,   George M.
000019540 300__ $$a14
000019540 336__ $$aConference Paper/ Presentation
000019540 446__ $$aEnglish
000019540 490__ $$aSelected paper 136596
000019540 520__ $$aThe President has called for a $6.96 billion savings in expenditures to agriculture over a five year period.  A budget reconciliation is required to achieve these targeted savings from farm bill authorized expenditures.  This study uses optimal control theory and farm level simulation to quantify the impacts on U.S. crop producers of reducing federal spending for agricultural income supports.  Results indicate that the least harmful method for the Agricultural Committees to achieve budget savings of $3 billion is to reduce loan rates.  At higher levels of net budget savings, some risk adverse decision makers would prefer that the Committees reduce target prices.
000019540 650__ $$aAgricultural and Food Policy
000019540 700__ $$aRichardson, James W.
000019540 700__ $$aOutlaw, Joe L.
000019540 700__ $$aRaulston, J. Marc
000019540 700__ $$aKnapek, George M.
000019540 8564_ $$s151064$$uhttp://ageconsearch.umn.edu/record/19540/files/sp05ri08.pdf
000019540 887__ $$ahttp://purl.umn.edu/19540
000019540 909CO $$ooai:ageconsearch.umn.edu:19540$$pGLOBAL_SET
000019540 912__ $$nMade available in DSpace on 2007-03-07T22:53:49Z (GMT). No. of bitstreams: 1
sp05ri08.pdf: 151064 bytes, checksum: 855e63a95c62f26f00817117381191f0 (MD5)
  Previous issue date: 2005
000019540 982__ $$gAmerican Agricultural Economics Association>2005 Annual meeting, July 24-27, Providence, RI
000019540 980__ $$a378