摘要:

AbstractThe increasing costs of agricultural programs is raising concern about the future direction of agricultural policies. Data from a nationwide survey on public attitudes toward agriculture are used to examine the structure of citizens' preferences for government involvement in agriculture and especially for policies to protect family farms. Estimates of the influence of economic and sociodemographic variables on policy preferences are computed using a multiple‐indicator model. Signs and magnitudes of estimated coefficients lend support to the self‐interest theory of voter behavior. Results question economic arguments suggesting altruistic motives as a cause of redistributionary agricultural policies.

ISSN:0002-9092    

DOI:10.2307/1242329

出版商:Oxford University Press    

年代:1990

数据来源: WILEY

摘要:

AbstractThis paper examines the impacts of China's historical and anticipated future reforms on its domestic wheat economy and how it affects the import demand for wheat using a stochastic coefficient regression method. The results strongly support the hypothesis that producers and consumers in the post‐reform era were responsive to a less controlled economy. Furthermore, the higher import forecasts indicate that China will interact more with the world wheat market.

ISSN:0002-9092    

DOI:10.2307/1242330

出版商:Oxford University Press    

年代:1990

数据来源: WILEY

摘要:

AbstractThis study shows that government interventions in Argentine agriculture substantially reduced the growth rate of output 1940–80. A multiple product, multiple input, aggregate translog profit function is estimated. Supply elasticity estimates range from zero for linseed to 1.6 for sorghum. Estimates of intervention wedges together with the estimated structure imply that export taxes, import restrictions, and domestic taxes each in isolation could have reduced aggregate output by as much as 25%–30%. These and other interventions increased beef as a share of outputs and increased the cost shares of purchased inputs and labor at the expense of capital inputs.

ISSN:0002-9092    

DOI:10.2307/1242331

出版商:Oxford University Press    

年代:1990

数据来源: WILEY

摘要:

AbstractThis paper utilizes the framework of an Armington model to analyze the impact of the European Community enlargement on U.S. corn and soybean exports. Results indicate that the enlargement has a significant and negative impact on U.S. corn exports to the new EC members. Increases in U.S. soybean exports are much smaller in volume terms. Declines in U.S. corn export prices outweigh the insignificant increases in U.S. soybean export prices and therefore accentuate U.S. losses. However, the U.S.‐EC agreement on their enlargement dispute cut net losses of U.S. corn and soybean exports to Spain and Portugal by about a third.

ISSN:0002-9092    

DOI:10.2307/1242332

出版商:Oxford University Press    

年代:1990

数据来源: WILEY

摘要:

AbstractThis article integrates a classic concept in production economics (G. L. Johnson's asset fixity theory) with the dynamic adjustment cost model. Until now the literature has considered these two to be incompatible. By relaxing the smoothness assumption of the adjustment cost function at the origin, the theory of costs of adjustment can provide a rigorous endogenization of asset fixity. G. L. Johnson and Edwards' results are then obtained when the linearity assumption of the adjustment cost function is imposed. The work reported here also indicates that both smoothness at the origin and symmetry of adjustment cost function should be subject to empirical tests.

ISSN:0002-9092    

DOI:10.2307/1242333

出版商:Oxford University Press    

年代:1990

数据来源: WILEY

摘要:

AbstractThe marginal propensity to consume (MPC) for a sample of eighteen Illinois farms over the 1979–86 period is determined. Four consumption models were estimated using disposable household income plus depreciation as the measure of income. Estimated short‐run MPCs ranged from 0.007 to 0.020, while long‐run MPCs varied between 0.143 to 0.381. These results indicate farm family consumption responded little to changes in income and that the life cycle hypothesis model explains consumption significantly better than the other models. Robustness of the results is demonstrated using a larger sample of farms for 1986…87.

ISSN:0002-9092    

DOI:10.2307/1242334

出版商:Oxford University Press    

年代:1990

数据来源: WILEY

摘要:

AbstractAn econometric model was estimated to explain prices for tractors sold at auction. Tractor age, hours of use, size, and condition were statistically significant explanatory variables. Real tractor depreciation most closely approximated a sum‐of‐the‐years digits pattern. Tractors sold at consignment and bankruptcy auctions brought a lower price than tractors sold by retiring farmers. High levels of usage did not greatly reduce tractor value, but tractors with low annual usage brought substantial premiums in the auction market.

ISSN:0002-9092    

DOI:10.2307/1242335

出版商:Oxford University Press    

年代:1990

数据来源: WILEY

摘要:

AbstractThe predicted effects of bST on aggregate supply, milk price, and farm structure is extremely sensitive to several key assumptions: the impact of bST on production per cow, cost of bST to farmers, returns required by farmers to adopt bST, price of milk when bST is introduced, speed and extent of adoption. A case study of Wisconsin dairy farms indicates that the overall economic impact of bST will be much less than most other studies have predicted. The projected effects, however, are similar to Cochrane's treadmill theory, albeit less severe than predicted by earlier estimates.

ISSN:0002-9092    

DOI:10.2307/1242336

出版商:Oxford University Press    

年代:1990

数据来源: WILEY

摘要:

AbstractA nonlinear, single‐equation acreage allocation model derived from expected utility theory using Stein's theorem for covariance decomposition is developed. This decomposition allows the covariance of utility parameters and revenues to be expressed in terms of measurable variables. The model is applied to state‐level data to estimate the relative importance of various economic factors in determining the pattern of double cropping wheat and soybeans in the southeastern United States. The hypothesis that the riskiness of returns is important in the aggregate is rejected for some of the states, although the constrained expected utility model without the effect of risk performs better than a standard wheat acreage response model.

ISSN:0002-9092    

DOI:10.2307/1242337

出版商:Oxford University Press    

年代:1990

数据来源: WILEY

摘要:

AbstractThe orderly marketing goal of federal marketing orders may deal with price stability or uniform flow of product to market, a choice which can have important economic implications. This study examines the impact of four fresh lemon marketing strategies on returns at the producer, FOB, and retail levels, together with marketing margins and consumer surplus. Producers, as a group, and consumers should favor a constant price strategy. Some individual producers and middlemen, however, enjoyed higher returns with constant weekly sales. Explanations of the shift in lemon sales patterns which occurred during the 1970s is examined in light of these results.

ISSN:0002-9092    

DOI:10.2307/1242338

出版商:Oxford University Press    

年代:1990

数据来源: WILEY