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Previous research has found that on-farm income variability helps determine off-farm labor supply. However, unobserved heterogeneity of farms or regions may have biased earlier results. In this study, we use an exogenous increase in Federal crop insurance subsidies as a natural experiment to...
Persistent link: https://www.econbiz.de/10005330749
Economic theory suggests several possible mechanisms through which direct government farm payments might influence the pattern of structural change in agriculture. This study estimates what effect farm payments have had on farm structure using farm-level panel data from the 1987, 1992, and 1997...
Persistent link: https://www.econbiz.de/10005805906
The African Growth Opportunity Act (AGOA) provides preferential access to Africa's products in US markets. While proponents expect that AGOA will expand Africa's exports to the US, opponents argue that such increases are unlikely, particularly regarding agricultural exports. This paper offers...
Persistent link: https://www.econbiz.de/10005330820