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Permanent link (DOI): https://doi.org/10.7939/R3R785P1N

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Assessment of the Effect of the Policy Environment on Farm Decision-Making: Aggregate Acreage Response in the Canadian Prairies Under the Western Grains Stabilization Program Open Access

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Author or creator
Lerohl, Mel
Novak, Frank
Miranda, Mario J.
Additional contributors
Subject/Keyword
grain stabilization
farm management
Type of item
Report
Language
English
Place
Canada
Time
1976/1990
Description
An aggregate acreage supply model for the Canadian prairie provinces is estimated under the assumption that farmers base acreage allocation decisions on the rational ex-ante expectation and variance of net per hectare revenue. In order to account directly for the effects of government intervention during the period of estimation, a structural model of the Western Grains Stabilization Program is incorporated into the estimation framework. Results indicate that the revenue enhancement and revenue stabilization effects of the program both contributed nearly equally to modest increases in cropped acreage between 1976 and 1990.
Date created
1992
DOI
doi:10.7939/R3R785P1N
License information
Creative Commons Attribution-Non-Commercial-No Derivatives 3.0 Unported
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