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Effects Of Farm Commodity Programs: The Cases Of Corn And Rice

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  • Lin, William W.

Abstract

This study estimates price and income effects of the 1985 and 1984 corn and rice programs. On average, the corn programscost U.S. consumers, taxpayers, and society more than their net gains to producers by $1.4 billion, while dead—weight loss of the rice programs totaled $220 million a year.

Suggested Citation

  • Lin, William W., 1986. "Effects Of Farm Commodity Programs: The Cases Of Corn And Rice," 1986 Annual Meeting, July 27-30, Reno, Nevada 278431, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea86:278431
    DOI: 10.22004/ag.econ.278431
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    References listed on IDEAS

    as
    1. Bruce Gardner, 1983. "Efficient Redistribution through Commodity Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(2), pages 225-234.
    2. T. D. Wallace, 1962. "Measures of Social Costs of Agricultural Programs," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 44(2), pages 580-594.
    3. Grant, Warren R. & Beach, John & Lin, William, 1984. "Factors Affecting Supply, Demand, And Prices Of U.S. Rice," Staff Reports 277629, United States Department of Agriculture, Economic Research Service.
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    Cited by:

    1. Bruce L. Gardner & H. B. Atwater, Jr. & John R. Block, 1988. "International Competition in Agriculture and U.S. Farm Policy," NBER Chapters, in: The United States in the World Economy, pages 423-474, National Bureau of Economic Research, Inc.

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