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Analyzing the Impact of Government Programs on Crop Acreage
(1976)
  • James P. Houck, University of Minnesota
  • Martin E. Abel, University of Minnesota
  • Mary E. Ryan, University of Minnesota
  • Paul W. Gallagher, United States Department of Agriculture
  • Robert G. Hoffman, Treasury Department
  • J. B. Penn, United States Department of Agriculture
Abstract
This study develops and applies the concept of "effective support prices." Government-announced price supports for agricultural crops adjusted to reflect the stringency of acreage controls imposed on growers as a condition for obtaining price supports. Effective support prices are used as a means of estimating the impact of 
Government programs on planted acreages of seven major U.S.field crops. Also, where applicable, the study shows that effective diversion rates are strongly but inversely related to plantings of the crops. Market price influences became increasingly important in the seventies.

Keywords
  • Acreage,
  • diversion,
  • barley,
  • commodities,
  • corn,
  • cotton,
  • grain sorghum,
  • Govenunent programs,
  • oats,
  • price supports,
  • soybeans,
  • supply analysis,
  • wheat
Publication Date
August, 1976
Comments
Works produced by employees of the U.S. Government as part of their official duties are not copyrighted within the U.S. The content of this document is not copyrighted.
Citation Information
James P. Houck, Martin E. Abel, Mary E. Ryan, Paul W. Gallagher, et al.. "Analyzing the Impact of Government Programs on Crop Acreage" (1976)
Available at: http://works.bepress.com/paul-gallagher/25/