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Please use this identifier to cite or link to this item: http://ntour.ntou.edu.tw:8080/ir/handle/987654321/46723

Title: Sectoral Implications of Farm Program Modifications
Authors: Ching-Cheng Chang;Bruce A. McCarl;James W. Mjelde;James W. Richardson
Contributors: 國立臺灣海洋大學:應用經濟研究所
Date: 1992
Issue Date: 2018-06-04T02:22:52Z
Publisher: American Journal of Agricultural Economics
Abstract: Abstract
The overall and distributional effects of farm programs and selected revisions are examined using a mathematical programming sector model. The model incorporates market distortions caused by price supports, target prices, program participation, deficiency payments and marketing loans. Current farm programs are found to increase producer prices, depress consumer prices, and in turn result in excess production and higher consumption and exports. Domestic and foreign consumers as well as domestic producers are subsidized by farm programs. Social deadweight loss occurs as government payments exceed welfare benefits received by consumers and producers. Society as a whole benefits from reductions in program provisions.
Relation: 74(1) pp.38-49
URI: http://ntour.ntou.edu.tw:8080/ir/handle/987654321/46723
Appears in Collections:[應用經濟研究所] 期刊論文

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