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An Em-Pm Hybrid Policy Model For Analysis Of Agricultural Price, Production, And Resource Use

Author

Listed:
  • Huang, Wen-yuan
  • Weisz, Reuben N.
  • Baum, Kenneth H.
  • Teigen, Lloyd

Abstract

Historically, the U.S. Government has played an important role in national and regional agricultural production. At the national level, the Government uses production control programs, price supports, and loans to increase and stabilize farm commodity prices and also invests in research, development, and extension in promoting production supply. On the regional level, it has invested in various development projects such as the installation of irrigation to promote regional agricultural production, or to regulate regional land use to avoid permanent depletion of resources.

Suggested Citation

  • Huang, Wen-yuan & Weisz, Reuben N. & Baum, Kenneth H. & Teigen, Lloyd, 1979. "An Em-Pm Hybrid Policy Model For Analysis Of Agricultural Price, Production, And Resource Use," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 278198, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea79:278198
    DOI: 10.22004/ag.econ.278198
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