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Supply Analysis For Corn In The United States: The Impact Of Changing Government Programs

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  • Houck, James P.
  • Ryan, Mary E.
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    Abstract

    This paper has two objectives: to analyze acreage supply relationships for corn, the major U.S. feed grain, during the 1948-70 period and to develop and test a general theoretical model for evaluating farm commodity program effectiveness. Hence, special emphasis is devoted to empirical measurement and analysis of the effects of government feed grain policy and programs as they have evolved since 1948. Particular attention is focused on the voluntary feed grain programs of the 1960's.

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    File URL: http://purl.umn.edu/13554
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    Bibliographic Info

    Paper provided by University of Minnesota, Department of Applied Economics in its series Staff Papers with number 13554.

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    Date of creation: 1972
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    Handle: RePEc:ags:umaesp:13554

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    Related research

    Keywords: Agricultural and Food Policy; Crop Production/Industries;

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    Cited by:
    1. Shumway, C. Richard & Powell, Alan A., 1984. "A Critique Of The Constant Elasticity Of Transformation (Cet) Linear Supply System," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(02), December.
    2. Rausser, Gordon C. & Lichtenberg, Erik & Lattimore, Ralph, 1981. "Developments in theory and empirical applications of endogenous governmental behavior," CUDARE Working Paper Series 128, University of California at Berkeley, Department of Agricultural and Resource Economics and Policy.
    3. Trapp, James N. & Thompson, Stanley R., 1977. "Grain Exports As A Source Of Agricultural Instability," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 9(01), July.
    4. Kanlaya J. Barr & Bruce A. Babcock & Miguel A. Carriquiry & Andre M. Nassar & Leila Harfuch, 2011. "Agricultural Land Elasticities in the United States and Brazil," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 33(3), pages 449-462.
    5. Arzac, Enrique R., 1979. "An Econometric Evaluation Of Stabilization Policies For The U.S. Grain Market," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 4(01), July.
    6. Ray, Daryll E., 1973. "The Use Of Extraneous Information In The Development Of A Policy Simulation Model," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 5(01), July.
    7. Chembezi, Duncan M. & Womack, Abner W., 1992. "Regional Acreage Response For U.S. Corn And Wheat: The Effects Of Government Programs," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 24(01), July.
    8. Nadolnyak, Denis A. & Fletcher, Stanley M., 2005. "Estimating Vulnerability of U.S. Peanut Producers to Changes in Farm Support," 2005 Annual meeting, July 24-27, Providence, RI 19287, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    9. Danin, Yigal, 1976. "A Simple Analysis Of Acreage Response To Some Agricultural Programs," Staff Papers 13889, University of Minnesota, Department of Applied Economics.
    10. William E. Griffiths & Jock R. Anderson, 1978. "Specification Of Agricultural Supply Functions — Empirical Evidence On Wheat In Southern N.S.W," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 22(2-3), pages 115-128, 08-12.
    11. O'Donoghue, Erik J. & Whitaker, James B., 2006. "How distorting are direct payments?," 2006 Annual meeting, July 23-26, Long Beach, CA 21247, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    12. Chavas, Jean-Paul & Pope, Rulon D. & Kao, Robert S., 1983. "An Analysis Of The Role Of Futures Prices, Cash Prices And Government Programs In Acreage Response," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 8(01), July.
    13. Westcott, Paul C. & Hull, David B., 1985. "A Quarterly Forecasting Model for U.S. Agriculture," Technical Bulletins 156815, United States Department of Agriculture, Economic Research Service.
    14. Salathe, Larry E. & Price, J. Michael & Gadson, Kenneth E., 1982. "The Food and Agricultural Policy Simulator," Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, issue 2.
    15. Haile, Mekbib Gebretsadik & Kalkhul, Matthias, 2013. "Volatility in the international food markets: implications for global agricultural supply and for market and price policy," 53rd Annual Conference, Berlin, Germany, September 25-27, 2013 156097, German Association of Agricultural Economists (GEWISOLA).
    16. Najafi, Bahaeddin & Bakhshoodeh, Mohamad, 2002. "Effectiveness of Government Protective Policies on Rice Production in Iran," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24922, European Association of Agricultural Economists.
    17. Soule, Meredith J. & Nimon, R. Wesley & Mullarkey, Daniel J., 2001. "Risk Management And The Environment: Impacts At The Intensive And Extensive Margins," 2001 Annual meeting, August 5-8, Chicago, IL 20670, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    18. Just, Richard E., 1992. "Discovering Microeconomic Relationships in Agriculture," 1992 Conference (36th), February 10-13, 1992, Canberra, Australia 146530, Australian Agricultural and Resource Economics Society.
    19. Ubilava, David, 2008. "Analysis of the Soybean-to-Corn Price Ratio and its Impact on Farmers' Planting Decision-Making in Indiana," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6783, Southern Agricultural Economics Association.

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