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An Economic Analysis Of A Food Security Commodity Reserve: Commodity Vs. Cash

Author

Listed:
  • Young, C. Edwin
  • Westcott, Paul C.
  • Hoffman, Linwood A.
  • Lin, William W.
  • Rosen, Stacey L.

Abstract

The cost of operating the Food Security Commodity Reserve as a commodity reserve was compared with the cost of a cash reserve to purchase food aid supplies only in the period of need. Preliminary simulation results reveal the cash reserve to be less costly in almost all cases.

Suggested Citation

  • Young, C. Edwin & Westcott, Paul C. & Hoffman, Linwood A. & Lin, William W. & Rosen, Stacey L., 1999. "An Economic Analysis Of A Food Security Commodity Reserve: Commodity Vs. Cash," 1999 Annual meeting, August 8-11, Nashville, TN 21622, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea99:21622
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    References listed on IDEAS

    as
    1. LaFrance, Jeffrey T., 1992. "Do Increased Commodity Prices Lead To More Or Less Soil Degradation?," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 36(01), April.
    2. Harry R. Clarke, 1992. "The Supply Of Non‚ÄźDegraded Agricultural Land," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, pages 31-56.
    3. Edward B. Barbier, 1990. "The Farm-Level Economics of Soil Conservation: The Uplands of Java," Land Economics, University of Wisconsin Press, vol. 66(2), pages 199-211.
    4. Barrett, Scott, 1991. "Optimal soil conservation and the reform of agricultural pricing policies," Journal of Development Economics, Elsevier, vol. 36(2), pages 167-187, October.
    5. Renan U. Goetz, 1997. "Diversification in Agricultural Production: A Dynamic Model of Optimal Cropping to Manage Soil Erosion," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(2), pages 341-356.
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