Decoupled Payments in a Changing Policy Setting
by Mary E. Burfisher and Jeffrey Hopkins
Agricultural Economic Report No. (AER-838) 66 pp, October 2004
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This report analyzes the U.S. experience with decoupled payments in the Production Flexibility Contracts program from 1996 to 2002. The studies in this report consider the effects of decoupled payments on recipient households, and assess land, labor, risk management, and capital market conditions that can lead to links between decoupled payments and production choices. Each study contributes a different perspective to understanding the response of U.S. farm households and production to decoupled income transfers.
Keywords: decoupled payments, WTO, World Trade Organization, PFCs, Production Flexibility Contracts, farm policy, households, well-being, income, wealth, land tenure, consumption, risk, direct payments, trade policy
In this publication...
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Abstract, Acknowledgments, Contents, Pdf file 67 kb
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Introduction, Pdf file 87 kb
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Farm Program Effects on Agricultural Production: Coupled and Decoupled Programs, Pdf file 495 kb
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Decoupled Payments: A Dynamic, Economywide Perspective, Pdf file 221 kb
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Decoupled and Coupled Payments Alter Household Labor Allocation, Pdf file 155 kb
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Decoupled Payments and Farmers’ Production Decisions Under Risk, Pdf file 80 kb
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Decoupled Payments to Farmers, Capital Markets, and Supply Effects, Pdf file 148 kb
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Effects of Government Payments on Land Rents, Distribution of Payment Benefits, and Production, Pdf file 103 kb
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References, Pdf file 57 kb
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Entire Document, Pdf file 1,486 kb
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