An analysis of US farm income policies: historical, market- determined, and sector-wide stabilization

Journal Article

This paper provides an economic analysis of the historical agricultural price and income support policy, a policy of market-determined prices and income, and a policy linking market-determined prices with sector-wide farm income stabilization in years of economic disaster. The analysis compares commodity prices, net farm income, and government expenditures over the period 1970 through 1982 based on estimates generated by USDA's Food and Agricultural Policy Simulator. -from Authors

Duke Authors

Cited Authors

  • McDowell, H; Kramer, RA; Price, JM

Published Date

  • 1989

Published In

  • Southern Journal of Agricultural Economics

Volume / Issue

  • 21 / 2

Start / End Page

  • 1 - 11