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The Effect of Government Policy on Flue-Cured Tobacco Yields

Author

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  • Foster, William E.
  • Babcock, Bruce A.

Abstract

Statistical analysis using rainfall and time trends accounts for county average flue-cured tobacco yields in North Carolina from 1940 to 1987. A change in the annual yield growth path occurred in 1965. The data are consistent with the hypothesis that the switch from acreage allotments to poundage quotas for flue-cured tobacco beginning in 1965 caused a decline in both yield levels and rates of annual yield increase. Both declines are fully consistent with changed relevant incentives facing growers and researchers

Suggested Citation

  • Foster, William E. & Babcock, Bruce A., 1989. "The Effect of Government Policy on Flue-Cured Tobacco Yields," 1989 Annual Meeting, July 30-August 2, Baton Rouge, Louisiana 270721, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea89:270721
    DOI: 10.22004/ag.econ.270721
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    Cited by:

    1. Rucker, Randal R & Thurman, Walter N & Sumner, Daniel A, 1995. "Restricting the Market for Quota: An Analysis of Tobacco Production Rights with Corroboration from Congressional Testimony," Journal of Political Economy, University of Chicago Press, vol. 103(1), pages 142-175, February.
    2. James, Jennifer S., 1999. "Endogenous Quality And Agricultural Policy Analysis," 1999 Annual meeting, August 8-11, Nashville, TN 21634, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. James, Jennifer S., 1999. "Quality Responses to Agricultural Policies," 1999 Annual meeting, August 8-11, Nashville, TN 271488, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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