English, Article edition: The effects of decoupling on land allocation Teresa Serra; David Zilberman; Jose Gil; ...

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Bookmark: http://trove.nla.gov.au/version/51332
Physical Description
  • article
Language
  • English

Edition details

Title
  • The effects of decoupling on land allocation
Author
  • Teresa Serra
  • David Zilberman
  • Jose Gil
  • Allen Featherstone
Physical Description
  • article
Notes
  • The purpose of this article is to study the impact of agricultural policy decoupling on land allocation decisions. Our analysis contributes to the literature by formally assessing the effects of decoupling on farms' crop mix and on the decision to set land aside. The analysis is undertaken within the framework of the model of production under uncertainty developed by Just and Zilberman (1986). Our empirical application focuses on a sample of Kansas farms observed from 1998 to 2001. Results show that US agricultural policy decoupling has resulted in a shift in land use away from program crops towards nonprogram commodities offering higher expected profits and idle land.
  • RePEc:taf:applec:v:41:y:2009:i:18:p:2323-2333
Language
  • English
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