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An Empirical Evaluation of the Triple Base Program in Corn

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  • Abraham Subotnik
  • Abner W. Womack

Abstract

The triple base program that was instituted by the 1990 Farm Bill is a significant departure from previous programs. Hence, current acreage response models are not generally suitable for evaluating the effects of the new program. This article shows how an existing acreage supply model that was estimated using data prior to the introduction of the triple base program can be modified in order to approximate the effects of the new program on corn acreage. The outcome in corn acreage for the years 1987 to 1990 if the triple base program would have been in effect is compared to the actual data.

Suggested Citation

  • Abraham Subotnik & Abner W. Womack, 1993. "An Empirical Evaluation of the Triple Base Program in Corn," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 15(1), pages 143-155.
    • Handle: RePEc:oup:revage:v:15:y:1993:i:1:p:143-155.
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    File URL: http://hdl.handle.net/10.2307/1349718
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