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  • 标题:Is There Supply Distortion In The Green Box? An Acreage Response Approach
  • 本地全文:下载
  • 作者:Bakhshi, Samira ; Kerr, William A.
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2009
  • 出版社:Journal of Agribusiness
  • 摘要:The shift of the farm subsidies toward programs classified as being decoupled income supports in the WTO’s URAA raises the question of their true impact on production and trade. In this study, we measured the acreage effects of the Canadian whole farm programs under uncertainty. Based on the theoretical discussions regarding the role of the insurance effect in acreage decisions, we extend the theoretical restrictions examined by Chavas and Holt (1990)which enables us to include this effect in our model specification. Hence, we modified the expected utility maximization framework (under the hypothesis that farmers are risk averse) developed by Chavas and Holt (1990) and derived three distinct effects: market effects, the wealth effect, and the insurance effect.
  • 关键词:WTO;decoupled;green box;area;production
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