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SUBSIDIZATION OF AGRICULTURE lNURBANIZING REGIONS

Author

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  • Field, Barry C.
  • Allen, P. Geoffrey

Abstract

Conventional welfare principles are used to examine regional programs of agricultural protection, optimal subsidies are found to depend on the degree to which contractions in regional agricultural output are irreversible. A subsidy on the input that underlies the irreversibility, such as land, need be lower than one on output: generally, since it induces input substitutions, Income redistributions from consumers to producers are considered.

Suggested Citation

  • Field, Barry C. & Allen, P. Geoffrey, 1976. "SUBSIDIZATION OF AGRICULTURE lNURBANIZING REGIONS," 1976 Annual Meeting, August 15-18, State College, Pennsylvania 283908, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea76:283908
    DOI: 10.22004/ag.econ.283908
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    Keywords

    Agricultural and Food Policy;

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