IDEAS home Printed from https://ideas.repec.org/p/ags/pugtwp/331392.html
   My bibliography  Save this paper

Decoupled Payments: A Dynamic, Economywide Perspective

Author

Listed:
  • Roe, Terry
  • Somwaru, Agapi
  • Diao, Xinshen

Abstract

This report demonstrates the relationship, over time and in an economywide context, between the decoupled payments to U.S. agricultural producers and market/trade distortions. If agricultural capital markets are complete, decoupled payments have longrun effects on land rents and land values, but they have no effect on production. If capital markets are not complete, production effects are small (0.2 percent) in the short run and disappear in the long run. The only permanent effects are on land rental rates and, therefore, on land values, which increase by about 10 percent in the short run tapering off to slightly above 8 percent in the long run.

Suggested Citation

  • Roe, Terry & Somwaru, Agapi & Diao, Xinshen, 2005. "Decoupled Payments: A Dynamic, Economywide Perspective," Conference papers 331392, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:331392
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/331392/files/2079.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:pugtwp:331392. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/gtpurus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.