Decoupled Payments in a Changing Policy Setting
by Mary E. Burfisher and Jeffrey Hopkins
Agricultural Economic Report No. (AER-838) 66 pp, October 2004
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...
- Abstract, Acknowledgments, Contents, 66 kb
- Introduction, 86 kb
- Farm Program Effects on Agricultural Production: Coupled and Decoupled Programs, 495 kb
- Decoupled Payments: A Dynamic, Economywide Perspective, 221 kb
- Decoupled and Coupled Payments Alter Household Labor Allocation, 154 kb
- Decoupled Payments and Farmers’ Production Decisions Under Risk, 79 kb
- Decoupled Payments to Farmers, Capital Markets, and Supply Effects, 148 kb
- Effects of Government Payments on Land Rents, Distribution of Payment Benefits, and Production, 102 kb
- References, 56 kb
- Entire Document, 1,486 kb
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