000331392 001__ 331392
000331392 005__ 20230304054410.0
000331392 041__ $$aeng
000331392 245__ $$aDecoupled Payments: A Dynamic, Economywide Perspective
000331392 260__ $$c2005
000331392 269__ $$a2005
000331392 300__ $$a17
000331392 336__ $$aConference Paper/ Presentation
000331392 500__ $$aPresented at the 8th Annual Conference on Global Economic Analysis, Lübeck, Germany
000331392 520__ $$aThis report demonstrates the relationship, over time and in an economywide context, between the decoupled payments to U.S. agricultural producers and market/trade distortions. If agricultural capital markets are complete, decoupled payments have longrun effects on land rents and land values, but they have no effect on production. If capital markets are not complete, production effects are small (0.2 percent) in the short run and disappear in the long run. The only permanent effects are on land rental rates and, therefore, on land values, which increase by about 10 percent in the short run tapering off to slightly above 8 percent in the long run.
000331392 546__ $$aEnglish
000331392 650__ $$aLand Economics/Use
000331392 650__ $$aInternational Relations/Trade
000331392 6531_ $$adecoupled payments
000331392 6531_ $$aintertemporal
000331392 6531_ $$aland values
000331392 700__ $$aRoe, Terry
000331392 700__ $$aSomwaru, Agapi
000331392 700__ $$aDiao, Xinshen
000331392 773__ $$j2005
000331392 8564_ $$9b1ecf2d5-31fd-42a7-b577-725b2a2f90e3$$s825480$$uhttps://ageconsearch.umn.edu/record/331392/files/2079.pdf
000331392 909CO $$ooai:ageconsearch.umn.edu:331392$$pGLOBAL_SET
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000331392 980__ $$a2457