A VARIABLE PRICE SUPPORT FARM PROGRAM: A TRANSITION TOOL TO A FREE MARKET

dc.creatorHuang, Wen-Yuan
dc.creatorHyberg, Bengt
dc.creatorSegarra, Eduardo
dc.date2017-04-01T19:50:36Z
dc.date.accessioned2026-07-09T04:07:06Z
dc.descriptionThis paper analyzes a variable price support program (VPS) as an alternative to the current farm income support program. The VPS program can control U.S. agricultural production while protecting income of small farmers. The VPS is designed to alter farm level production decisions by reducing commodity support prices for each additional unit of production produced. This will serve to discourage excess aggregate production. The VPS program can be a mechanism to stabilize income of efficient small farms during the transition from the current farm programs to a free market environment. An illustrative study is used to target government program benefits to various farm-size groups.
dc.identifierdoi:10.22004/ag.econ.29902
dc.identifierhttps://ageconsearch.umn.edu/record/29902/files/22010133.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/29902
dc.identifier.urihttp://hdl.handle.net/123456789/545072
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/29902
dc.titleA VARIABLE PRICE SUPPORT FARM PROGRAM: A TRANSITION TOOL TO A FREE MARKET
dc.typeText

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