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Impact Of Alternative Farm Programs On Different Size Cotton Farms In The Texas Southern High Plains: A Simulation Approach

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  • Smith, Edward G.
  • Richardson, James W.
  • Knutson, Ronald D.

Abstract

Eight Texas High Plains cotton farms, ranging in size from 189 acres to 5,570 acres, were simulated under six alternative farm program provisions to determine the likely structural impacts of these programs. The results indicate mid-size farms benefit more from farm programs than either small or large farms since the programs allow them to remain in business. Denying mid-size commercial farms access to the farm program would likely accelerate the trend towards a bimodal distribution of farm sizes on the High Plains.

Suggested Citation

  • Smith, Edward G. & Richardson, James W. & Knutson, Ronald D., 1985. "Impact Of Alternative Farm Programs On Different Size Cotton Farms In The Texas Southern High Plains: A Simulation Approach," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 10(2), pages 1-10, December.
    • Handle: RePEc:ags:wjagec:32325
    DOI: 10.22004/ag.econ.32325
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    References listed on IDEAS

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    1. Johnson, James & Rizzi, Richard W. & Short, Sara D. & Fulton, R. Thomas, 1982. "Provisions Of The Agriculture And Food Act Of 1981," Staff Reports 278875, United States Department of Agriculture, Economic Research Service.
    2. Tweeten, Luther G., 1980. "An Economic Investigation Into Inflation Passthrough To The Farm Sector," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 5(2), pages 1-18, December.
    3. Bruce L. Gardner, 1978. "Public Policy and the Control of Agricultural Production," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(5), pages 836-843.
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    Cited by:

    1. Duffy, Patricia A. & Richardson, James W. & Smith, Edward G., 1986. "Effects of Alternative Farm Programs and Levels of Price Variability on Texas Cotton Farms," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 18(2), pages 97-106, December.
    2. Mjelde, James W. & Hollinger, Steven E., 1987. "Development of Climate Indices for Application in Empirical Crop Production Studies," Staff Paper Series 257982, Texas A&M University, Department of Agricultural Economics.
    3. Knutson, Ronald D. & Richardson, James W. & Smith, Edward G. & Rister, M. Edward & Grant, Warren R. & Lippke, Lawrence A. & Israelsen, Craig L., 2002. "Economic Impacts of Farm Program Payment Limits," Working Papers 42717, Texas A&M University, Agricultural and Food Policy Center.
    4. Knutson, Ronald D. & Smith, Edward G. & Richardson, James W., 1990. "The Incidence of Farm Program Benefits: Implications for Payment Limit Policies," Working Papers 258045, Texas A&M University, Agricultural and Food Policy Center.
    5. Richardson, James W., 1988. "Modeling of Economic Systems," Staff Reports 257913, Texas A&M University, Agricultural and Food Policy Center.
    6. Richardson, James W. & Smith, Edward G. & Knutson, Ronald D., 1988. "Who Benefits From Farm Programs: Size And Structure Issues?," 1988 Conference, January 16-19, San Antonio, Texas 260102, Regional Research Committe NC-181: Determinants of Farm Size and Structure.

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    Keywords

    Agribusiness; Crop Production/Industries;

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