| Title: | The Varying Impacts of Agricultural Support Programs on U.S. Farm Household Consumption. |
| Authors: | Whitaker, James B.
USDA, ERS |
| Source: | American journal of agricultural economics. 2009 Aug., v. 91, no. 3 Blackwell Publishing Inc, p. 569-580. |
| NALT Subjects: | agricultural subsidies
Agricultural Resource Management Study
econometric models
farm families
consumption (economics)
off-farm employment
family resource management
United States |
| Issue Date: | Aug-2009 |
| Abstract: | Farm households are economic agents whose income is derived from farm, off-farm, and government sources. This article uses farm-level data from the Agricultural Resource Management Survey (ARMS) and recent advances in the econometric theory of dynamic pseudo-panels to show that farm households consume various sources of income differently at the margin. Particular attention is given to a specific type of lump-sum government transfer payment intended to be decoupled from (independent of) farm production decisions. The results suggest that relatively decoupled government subsidies have a greater marginal effect on farm household consumption than subsidies that are tied to market conditions. |
| URI: | http://hdl.handle.net/10113/32202 |
| Appears in Collections: | USDA Research and Information
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