Budgetary and Resource Allocation Effects of Revenue AssuranceCARD Working Papers
Series Number95-WP 130
AbstractThe efficiency of redistribution and the level of government costs of revenue assurance are compared with current farm programs. The results suggest that a revenue assurance program using a fixed base acreage and actual or county average yields to ensure whole farm revenues could provide a significant improvement over existing policies. Revenue assurance would affect producer welfare somewhat, but would significantly reduce government expenditures.
Citation InformationDavid A. Hennessy, Bruce A. Babcock and Dermot J. Hayes. "Budgetary and Resource Allocation Effects of Revenue Assurance" (1995)
Available at: http://works.bepress.com/dermot_hayes/36/