Publication Date
2-1995
Series Number
95-WP 130
Abstract
The efficiency of redistribution and the level of government costs of revenue assurance are compared with current farm programs. The results suggest that a revenue assurance program using a fixed base acreage and actual or county average yields to ensure whole farm revenues could provide a significant improvement over existing policies. Revenue assurance would affect producer welfare somewhat, but would significantly reduce government expenditures.
Recommended Citation
Hennessy, David A.; Babcock, Bruce A.; and Hayes, Dermot J., "Budgetary and Resource Allocation Effects of Revenue Assurance" (1995). CARD Working Papers. 151.
https://lib.dr.iastate.edu/card_workingpapers/151
Included in
Agricultural and Resource Economics Commons, Agricultural Economics Commons, Economic Policy Commons, Economics Commons, Public Policy Commons