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Application of an Economic Model for Evaluating Government Program Costs for Rice

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  • Warren R. Grant

Abstract

Alternative Government rice programs are important to rice producers, rice consumers, rice related industries, and Government (taxpayers). Supporting the rice producer's income above that determined by a "free market" requires an income transfer from another segment of society. The "best method" of support could depend upon the "best source" of income to transfer to the rice farm sector. The direct payment plan transfers income from the taxpayer, the two-price plan draws additional support from the domestic rice consumer, and the current program (an adaptation of a two-price plan) obtains the additional income for transfer from both.

Suggested Citation

  • Warren R. Grant, 1970. "Application of an Economic Model for Evaluating Government Program Costs for Rice," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 52(2), pages 209-215.
    • Handle: RePEc:oup:ajagec:v:52:y:1970:i:2:p:209-215.
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    File URL: http://hdl.handle.net/10.2307/1237491
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    Cited by:

    1. Setia, Parveen & Childs, Nathan & Wailes, Eric & Livezey, Janet, 1994. "The U.S. Rice Industry," Agricultural Economic Reports 305473, United States Department of Agriculture, Economic Research Service.

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