rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    non sort: An
    title: Economic Analysis of U.S. Farm Programs Including Senate and House Farm Bills on Representative Farms
  name:
    name part: Knapek, George Michael
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: Richardson, James W.
    role:
      role term: thesis advisor.
  name:
    name part: Texas A & M University
    role:
      role term: degree granting institution.
  type of resource: text
  genre: bibliography
  origin info:
    place:
      place term: txu
    date issued: 2013
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: remote
    extent: 1 online resource (128 pages)
  abstract: Agricultural policy continues to play a large role in risk reduction for agricultural producers in the United States. However, current budget deficits and growing national debt has many policy makers looking for ways to change the farm safety net. The interactions of current and new policy tools including crop insurance and representative farms were examined in a simulation model for four representative farms. Various outcomes were examined with attention primarily focused on (1) magnitude and frequency of farm program payments, (2) government costs and farmer return on insurance premiums paid, (3) coefficient of variation of farm revenue and probability of negative ending cash, and (4) Stochastic Efficiency with Respect to a Function (SERF) analysis. Results indicated that Supplemental Coverage Option (SCO) and Stacked Income Protection Plan (STAX) programs provide high farmer returns and positive mean payments. However, SCO, STAX, and crop insurance provided lower levels of protection when both the base and harvest price decline by the same amount. Overall, the House farm bill was preferred by all four farms for every scenario. Additionally, the results for Alternative 4, which examined different insurance coverage levels, showed that it was possible for a representative farm to lower its insurance coverage and improve its financial position. The results indicate how farm programs cover various types of potential losses faced by producer which makes the results meaningful to both producers and policy makers alike. The electronic version of this dissertation is accessible from http://hdl.handle.net/1969.1/149555
  note: by George Michael Knapek.
  note: "Major Subject: Agricultural Economics"
  note: Includes vita.
  note: Doctor of Philosophy Texas A & M University 2013 http://hdl.handle.net/1969.1/149555
  note: Includes bibliographical references.
  note: Text (Dissertation)
  subject:
    topic: Major Agricultural Economics
  subject:
    topic: Farm Programs
  subject:
    topic: Farm Policy
  subject:
    topic: Risk
  identifier: http://hdl.handle.net/1969.1/149555
  record info:
    record content source: TXA
    record creation date: 140121
    record change date: 20151206091220.0
    record identifier: in00003428156
    language of cataloging:
      language term: eng