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Analysis of Corn and Soybean Supply Response to Changing Government Programs, An

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  • Karl D. Skold
  • Patrick C. Westhoff

Abstract

An econometric corn and soybean supply response model is provided that endogenously determines program participation. The impacts of a decrease in the target price, an increase in the set-aside rate, and the introduction of a paid diversion are analyzed for the 1985 crop.

Suggested Citation

  • Karl D. Skold & Patrick C. Westhoff, 1988. "Analysis of Corn and Soybean Supply Response to Changing Government Programs, An," Food and Agricultural Policy Research Institute (FAPRI) Publications (archive only) 88-wp34, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    • Handle: RePEc:ias:fpaper:88-wp34
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    Cited by:

    1. Devadoss, Stephen & Gibson, Mark J. & Luckstead, Jeff, 2016. "The Impact of Agricultural Subsidies on the Corn Market with Farm Heterogeneity and Endogenous Entry and Exit," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 41(3), pages 1-20, September.
    2. Aradhyula, Satheesh Venkata, 1989. "Policy structure, output supply and input demand for US crops," ISU General Staff Papers 198901010800009909, Iowa State University, Department of Economics.

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