Search

This paper investigates the farm-level impacts of the 1996 farm bill on the South. Focus group perceptions of risk sources, observed acreage changes, and the farm-level impact of increased price risk are evaluated. Focus group respondents ranked price and yield as the two most important sources of risk, and diversification was ranked highly as a risk-management tool. Limited data suggest that acreage shifts among crops are occurring in the South, presumably aided by the 1996 farm bill. Higher probabilities of cash flow deficits are estimated for cotton and rice relative to feedgrain, wheat, and oilseed operations.

This paper examines trends in the instability of personal incomes in Britain in terms of changes in the transitory variance and in volatility, measures that have received much recent attention in research about the USA. It is shown that, although US measures have trended upwards over the past two decades, there is no such trend in Britain between the early-1990s and the mid-2000s. Explanations for these differences are discussed.

Search Results

Refine search

Refine search

Actions for selected content:

2 results

Southern Farmers' Exposure to Income Risk Under the 1996 Farm Bill

Has the Instability of Personal Incomes been Increasing?

Search Results

Refine search

Refine search

Actions for selected content:

Save Search

2 results

Southern Farmers' Exposure to Income Risk Under the 1996 Farm Bill

Has the Instability of Personal Incomes been Increasing?