Agricultural Policy and Financial Stress Boehlje, Michael Thamodaran, R. Barkema, Alan
dc.contributor.department Center for Agricultural and Rural Development 2018-02-16T00:53:00.000 2020-06-30T01:02:40Z 2020-06-30T01:02:40Z Tue Jan 01 00:00:00 UTC 1985 2015-03-22 1985-05-01
dc.description.abstract <p>Many farmers are currently facing severe financial stress resulting in asset liquidations, problems in obtaining credit, and even bankruptcy. An important question in policy analysis is the applicability of traditional farm policy approaches to the problem of financial stress in agriculture. This is a particularly relevant question given that the 1983 PIK program was one of the most expensive and largest government transfer programs for agriculture in recent history, and yet many farms are still facing severe financial problems. In this discussion the causes of current financial stress in agriculture and the role of past price and income support, credit and tax policies in mitigating or contributing to this stress will be assessed. Then alternative policy options to relieve the stress will be identified and evaluated. Selected options will be quantitatively analyzed using micro and macro econometric simulation models. Finally, conclusions will be drawn.</p>
dc.identifier archive/
dc.identifier.articleid 1030
dc.identifier.contextkey 6881257
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath card_workingpapers/16
dc.source.bitstream archive/|||Fri Jan 14 20:50:59 UTC 2022
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Agricultural Economics
dc.subject.disciplines Econometrics
dc.title Agricultural Policy and Financial Stress
dc.type article
dc.type.genre article
dspace.entity.type Publication
relation.isOrgUnitOfPublication 1a6be5f1-4f64-4e48-bb66-03bbcc25c76d
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