The effects of decoupling on land allocation

被引：17

作者：

Serra, Teresa ^{[1
]}

Zilberman, David ^{[2
]}

Gil, Jose M. ^{[1
]}

Featherstone, Allen ^{[3
]}

机构：

[1] CREDA UPC IRTA, Castelldefels 08860, Spain

[2] Univ Calif Berkeley, Dept Agr & Resource Econ, Berkeley, CA 94720 USA

[3] Kansas State Univ, Dept Agr Econ, Manhattan, KS 66506 USA

来源：

APPLIED ECONOMICS | 2009年 / 41卷 / 18期

关键词：

RISK-AVERSION; PRICE UNCERTAINTY; COMPETITIVE FIRM; PREFERENCES; BEHAVIOR; SYSTEMS;

D O I：

10.1080/00036840701222520

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The purpose of this article is to study the impact of agricultural policy decoupling on land allocation decisions. Our analysis contributes to the literature by formally assessing the effects of decoupling on farms' crop mix and on the decision to set land aside. The analysis is undertaken within the framework of the model of production under uncertainty developed by Just and Zilberman (1986). Our empirical application focuses on a sample of Kansas farms observed from 1998 to 2001. Results show that US agricultural policy decoupling has resulted in a shift in land use away from program crops towards nonprogram commodities offering higher expected profits and idle land.

引用

页码：2323 / 2333

页数：11

共 22 条

[1] Estimating economies of scope and scale under price risk and risk aversion [J].