An Analysis of Price vs. Revenue Protection: Government Subsidies in the Agriculture Industry
Published Online:27 Mar 2018https://doi.org/10.1287/mnsc.2017.2927
References
- (2013) Operational issues and network effects in vaccine markets. Eur. J. Oper. Res. 231(2):414–427.Crossref, Google Scholar
- (2015) Agricultural marketing cooperatives with direct selling: A cooperative non-cooperative game. J. Econom. Behav. Organ. 109:56–71.Crossref, Google Scholar
- (2016a) Government interventions in promoting sustainable practices in agriculture. Working paper, Stanford University, Stanford, CA.Google Scholar
- (2016b) Agricultural supply chains under government interventions. Working paper, Stanford University, Stanford, CA.Google Scholar
- (2016) Efficient feed-in-tariff policies for renewable energy technologies. Oper. Res. 64(1):52–66.Link, Google Scholar
- (2015) Aggregating smallholder farmers in emerging economics. Production Oper. Management 24(9):1414–1429.Google Scholar
- (2015a) Betting the farm. Bloomberg Businessweek (March 31), http://www.bloomberg.com/graphics/2015-farm-bill.Google Scholar
- (2015b) Reaping what they sowed. Bloomberg Businessweek (December 7), http://www.bloomberg.com/graphics/2015-farm-bill-payouts.Google Scholar
- (2016) U.S. farmers face some lean times. Bloomberg Businessweek (January 18), https://www.pressreader.com/bahrain/bloomberg-businessweek-europe/20160118/281672548941612.Google Scholar
- (2013) Farm-yield management when production rate is yield dependent. Working paper, Singapore Management University, Singapore.Google Scholar
- (2017) Capacity management in agricultural commodity processing and application in the palm industry. Manufacturing Service Oper. Management 19(4):551–567.Link, Google Scholar
- (2014) California drought will cost $2.2 billion in agriculture losses this year. Wall Street Journal (July 15), http://www.wsj.com/articles/drought-will-cost-california-2-2-billion-in-losses-costs-this-year-1405452120.Google Scholar
- (1994) Alternative oligopolistic structures in international commodity markets: Price or quantity competition? Department of Agriculture, University of Melbourne.Google Scholar
- (2015) The economic value of market information for farmers in developing economics. Production Oper. Management 24(9):1441–1452.Google Scholar
- (2015) Incentive for peer-to-peer knowledge sharing among farmers in developing economies. Production Oper. Management 24(9):1430–1440.Crossref, Google Scholar
- (2016) Impacts of federal crop insurance on land use and environmental quality. Amer. J. Agricultural Econom. 99(3):592–613.Google Scholar
- (2000) Implications of crop yield and revenue insurance for producer hedging. J. Agricultural Resource Econom. 25(2):432–452.Google Scholar
- (2004) The join effect of government crop insurance and loan programmes on the demand for futures hedging. Eur. Rev. Agricultural Econom. 31(3): 309–330.Crossref, Google Scholar
- (2016) The impact of demand uncertainty on consumer subsidies for green technology adoption. Management Sci. 62(5):1235–1258.Link, Google Scholar
- (2013) Efficient distribution of water between head-reach and tail-end farms in developing countries. Manufacturing Service Oper. Management 15(2):221–238.Link, Google Scholar
- (2009) Cournot competition under yield uncertainty: The case of the US influenza vaccine market. Manufacturing Service Oper. Management 11(4):563–576.Link, Google Scholar
- (1996) Estimation of imperfect competition in food marketing: A dynamic analysis of the German banana market. J. Food Distrib. Res. 27(3):1–10.Google Scholar
- (2006) State trading enterprises in a differentiated environment: The case of global malting barley markets. Amer. J. Agricultural Econom. 88(1):90–103.Crossref, Google Scholar
- (2015) The 2014 farm bill and the WTO. Amer. J. Agricultural Econom. 97(5):1287–1297.Crossref, Google Scholar
- (2016) Agricultural support prices in developing economies: Operational analysis and its use in policy making. Working paper, University of Texas at Dallas, Richardson.Google Scholar
- (2012) Economies of density versus natural advantage: Crop choice on the back forty. Rev. Econom. Statist. 94(1):1–19.Crossref, Google Scholar
- (2013) Optimal crop choice, irrigation allocation, and the impact of contract farming. Production Oper. Management 22(5):1126–1143.Crossref, Google Scholar
- (2004) Production planning under yield and demand uncertainty with yield-dependent cost and price. Manufacturing Service Oper. Management 6(3):209–224.Link, Google Scholar
- (2011) The impact of yield-dependent trading costs on pricing and production planning under supply uncertainty. Manufacturing Service Oper. Management 13(3):404–417.Link, Google Scholar
- (2016) Interventions for an Artemisinin-based Malaria medicine supply chain. Production Oper. Management 25(9):1576–1600.Crossref, Google Scholar
- (2015) Farm bill decision. Small Town News. Accessed November 2016, http://smalltownnews.com/article.php?pid=120&aid=311647.Google Scholar
- (2014) Meet the “4%”: Small number of farms dominates US. CNBC (May 6), http://www.cnbc.com/2014/05/06/state-of-american-farming-big-producers-dominate-food-production.html.Google Scholar
- (2012) Environmental taxes and the choice of green technology. Production Oper. Management 22(5):1035–1055.Google Scholar
- (1967) On the Kolmogorov-Smirnov test for normality with mean and variance unknown. J. Amer. Statist. Assoc. 62(318):399–402.Crossref, Google Scholar
- (2011) Consumer choice model for forecasting demand and designing incentives for solar technology. MIT Sloan Research Paper No. 4872-11, Boston.Crossref, Google Scholar
- (2003) Hedging price risk in the presence of crop yield and revenue insurance. Eur. Rev. Agricultural Econom. 30(2):217–239.Crossref, Google Scholar
- (2003) Designing optimal crop revenue insurance. Amer. J. Agricultural Econom. 85(3):580–589.Crossref, Google Scholar
- (2012) Vaccine market coordination using subsidy. IIE Trans. Healthcare Systems Engrg. 2(1):78–96.Crossref, Google Scholar
- (2015) Municipal groundwater management: Optimal allocation and control of a renewable natural resource. Production Oper. Management 24(9):1453–1472.Crossref, Google Scholar
- (2015a) Weather forecast dampens wheat prices. Wall Street Journal (May 31), http://www.wsj.com/articles/weather-forecast-dampens-wheat-prices-1433105666.Google Scholar
- (2015b) Corn, soybean prices drop as USDA Boosts supply outlook. Wall Street Journal (August 12), http://www.wsj.com/articles/corn-soybean-prices-drop-as-usda-boosts-supply-outlook-1439403298.Google Scholar
- (2015c) U.S. corn prices slump as USDA raises yield forecast. Wall Street Journal (October 9), http://www.wsj.com/articles/u-s-corn-prices-slide-as-usda-raises-yield-forecast-1444408647.Google Scholar
- (2015) Political economy of the 2014 Farm Bill. Amer. J. Agricultural Econom. 97(5):1298–1311.Crossref, Google Scholar
- (1979) Estimation of supply functions for coffee. Appl. Econom. 11(1):43–54.Crossref, Google Scholar
- (2009) A Billion Dollars a Day: The Economics and Politics of Agricultural Subsidies (John Wiley & Sons, Chichester, UK).Google Scholar
- (1997) Are Large Farms More Efficient? Department of Applied Economics, University of Minnesota.Google Scholar
- (2014) Comparing ARC-CO to PLC: APAS sample farms and the ARC-CO–PLC comparison tool. Farmdoc Daily, Department of Agricultural and Consumer Economics, University of Illinois at Urbana–Champaign, http://farmdocdaily.illinois.edu/006447print.html.Google Scholar
- (2012) U.S. Relative importance of price vs. yield variability in crop revenue risk. Farmdoc Daily, Department of Agricultural and Consumer Economics, University of Illinois at Urbana–Champaign, http://farmdocdaily.illinois.edu/2012/10/relative-importance-of-price-v.html.Google Scholar
- (2004) Factors influencing farmers’ crop insurance decisions. Amer. J. Agricultural Econom. 86(1):103–114.Crossref, Google Scholar
- (2010) An analysis of the pricing of traits in the US corn seed market. Amer. J. Agricultural Econom. 92(5):1324–1338.Crossref, Google Scholar
- (2014) Farm Commodity Provisions in the 2014 Farm Bill (P.L. 113-79). http://nationalaglawcenter.org/wp-content/uploads/assets/crs/R43448.pdf.Google Scholar
- (2012) Revenue protection for organic producers: Too much or too little? J. Agricultural Resource Econom. 37(3):415–434.Google Scholar
- (2001) The agricultural innovation process: Research and technology adoption in a changing agricultural sector. Handbook of Agricultural Economics—Agricultural Production, Vol. 1A (Elsevier, Amsterdam), 207–261.Crossref, Google Scholar
- (2015) The implications of utilizing market information and adopting agricultural advice for farmers in developing economics. Production Oper. Management 24(8):1197–1215.Crossref, Google Scholar
- (2014) Subsidizing the distribution channel: Donor funding to improve the availability of Malaria drugs. Management Sci. 60(10):2461–2477.Link, Google Scholar
- (2017) Hedging the price risk of crop revenue insurance through the options market. Southern Agricultural Economics Association Annual Meeting, Mobile, Alabama.Google Scholar
- U.S. Department of Agriculture (2014) Census of Agriculture. https://www.agcensus.usda.gov.Google Scholar
- U.S. Department of Agriculture (2015) ARC/PLC Program. http://www.fsa.usda.gov/programs-and-services/arcplc_program/index.Google Scholar
- (2008) Learning-by-doing and the optimal solar policy in California. Energy J. 29(3):131–151.Crossref, Google Scholar
- (2011) Feed-in tariffs for photovoltaics: Learning by doing in Germany? Appl. Energy 88(12):4387–4399.Crossref, Google Scholar
- (1973) The econometrics of agricultural supply: An application to the world coffee market. Rev. Econom. Statist. 55(4):433–440.Crossref, Google Scholar
- (2012) Power Generation, Operation, and Control (John Wiley & Sons, Hoboken, NJ).Google Scholar
- (1995) Lot sizing with random yield: A review. Oper. Res. 43(2):311–334.Link, Google Scholar
- (2013) The base vs. planted acre issue: Perspectives, trade-offs, and questions. Choices (4), http://www.choicesmagazine.org/choices-magazine/submitted-articles/the-base-vs-planted-acre-issue-perspectives-trade-offs-and-questions.Google Scholar
- (2014) Agricultural Risk Coverage County (ARCCO) vs. Price Loss Coverage (PLC), http://aede.osu.edu/sites/aede/files/imce/files/2014-Crop-Program/ARC-County%20vs.%20PLC%20Decision-revised.pdf.Google Scholar

