Farm Program Payments And Economies Of Scale
Economies of scale are investigated and the impacts of farm payment limitations for producers of cotton and soybeans in Mississippi are evaluated. Limits proposed by the Senate following the recent farm bill debate are overlaid on estimates of the scale economies for the cost of producing these crops to determine the different impacts on farm efficiency and welfare benefits.
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- Moschini, GianCarlo, 1990. "Nonparametric and Semiparametric Estimation: An Analysis of Multiproduct Returns to Scale," Staff General Research Papers 11262, Iowa State University, Department of Economics.
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