Estimating the Costs of Revenue Deficiency Programs

dc.creator	Cooper, Joseph C.
dc.date	2017-04-01T18:11:01Z
dc.date.accessioned	2026-07-09T02:56:38Z
dc.description	This paper develops an approach to empirically demonstrate how the within-season distribution of U.S. domestic commodity support for corn differs between current-style approaches of support and revenue-based support. From a purely economic standpoint, the results show the revenue-based payment scenarios to be preferable at the national level to the uncoordinated forms of support currently in use, even in a situation where the annual mean payments are set equal across the support scenarios. For revenue-based support, the variability around the total expected annual payment is lower, and perhaps more importantly, the probability of high payments is lower. These results suggest advantages to this type of support, both in terms of lower budgetary uncertainty for producers and the Federal government and in meeting multilateral commitments for limiting spending on domestic commodity support.
dc.identifier	doi:10.22004/ag.econ.9699
dc.identifier	https://ageconsearch.umn.edu/record/9699/files/sp07co03.pdf
dc.identifier	http://ageconsearch.umn.edu/record/9699
dc.identifier.uri	http://hdl.handle.net/123456789/523375
dc.language	eng
dc.publisher
dc.source	http://ageconsearch.umn.edu/record/9699
dc.title	Estimating the Costs of Revenue Deficiency Programs
dc.type	Text

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