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Economic Statistics and U.S. Agricultural Policy

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  • Gardner, Bruce L.
  • Goodwin, Barry K.
  • Ahearn, Mary Clare

Abstract

Economic statistics can be used to inform policy as it is being designed, avoid policy design mistakes, or implement government programs once they are established into law. Oftentimes, statistics are used for all three purposes. This paper considers the relationships between statistics and agricultural policy in the case of the United States. We address first the broad historical picture of U.S. official economic statistics concerning agriculture, and then turn to selected examples that relate policies to economic statistics in more detail. The examples show diversity in the interplay between statistics and policy. As policies have become broader in scope, addressing not only farm commodity markets but also differences among farms and a widening set of activities on farms, policymakers have asked for more detailed information about the financial situation of individual farm businesses and households, sources of risk in farm returns, and production practices that affect the environment.

Suggested Citation

  • Gardner, Bruce L. & Goodwin, Barry K. & Ahearn, Mary Clare, 2006. "Economic Statistics and U.S. Agricultural Policy," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25498, International Association of Agricultural Economists.
    • Handle: RePEc:ags:iaae06:25498
    DOI: 10.22004/ag.econ.25498
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    References listed on IDEAS

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    1. Jones, Carol Adaire & El-Osta, Hisham S. & Green, Robert C., 2006. "Economic Well-Being of Farm Households," Economic Brief 34095, United States Department of Agriculture, Economic Research Service.
    2. Barry K. Goodwin & Ashok K. Mishra, 2006. "Are “Decoupled” Farm Program Payments Really Decoupled? An Empirical Evaluation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 88(1), pages 73-89.
    3. Rasmussen, Wayne D. & Baker, Gladys L., 1979. "Price-Support and Adjustment Programs from 1933 through 1978: A Short History," Agricultural Information Bulletins 309232, United States Department of Agriculture, Economic Research Service.
    4. Ahearn, Mary, 1986. "Financial Well-Being of Farm Operators and Their Households," Agricultural Economic Reports 308015, United States Department of Agriculture, Economic Research Service.
    5. Dale E. Hathaway, 1963. "Improving and Extending Farm-Nonfarm Income Comparisons," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 45(2), pages 367-375.
    6. Gardner, Bruce L, 1992. "Changing Economic Perspectives on the Farm Problem," Journal of Economic Literature, American Economic Association, vol. 30(1), pages 62-101, March.
    7. Kenneth Baum & James D. Johnson, 1986. "Microeconomic Indicators of the Farm Sector and Policy Implications," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(5), pages 1121-1129.
    8. Hoppe, Robert A. & Banker, David E., 2006. "Structure and Finances of U.S. Farms: 2005 Family Farm Report," Economic Information Bulletin 33895, United States Department of Agriculture, Economic Research Service.
    9. Hoppe, Robert A. & Banker, David E., 2006. "Structure and Finances of U.S. Farms: 2005 Family Farm Report," Economic Information Bulletin 59404, United States Department of Agriculture, Economic Research Service.
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    More about this item

    Keywords

    Agricultural and Food Policy;

    JEL classification:

    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy
    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs
    • N52 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - U.S.; Canada: 1913-

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