Event Title

The Effects of U.S. Agricultural Subsidies on Farmland Rental Rates

Location

CUS 202

Start Date

9-4-2012 2:00 PM

End Date

9-4-2012 3:00 PM

Student's Major

Economics

Student's College

Social and Behavioral Sciences

Mentor's Name

Ihsuan Li

Mentor's Department

Economics

Mentor's College

Social and Behavioral Sciences

Description

Recent government data shows that the United States government currently spend $20 billion per year to farmers in direct subsidies. However, the effect of this subsidies on rental subsidies may be higher than predicted from theory. This shows that the U.S. government spending on farm subsidies is significantly greater than the typical estimates in the long run.The econometric model suggests that there is a strong correlation between increase in government spending on farm subsidies and the rates of farmland rentals.

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Apr 9th, 2:00 PM Apr 9th, 3:00 PM

The Effects of U.S. Agricultural Subsidies on Farmland Rental Rates

CUS 202

Recent government data shows that the United States government currently spend $20 billion per year to farmers in direct subsidies. However, the effect of this subsidies on rental subsidies may be higher than predicted from theory. This shows that the U.S. government spending on farm subsidies is significantly greater than the typical estimates in the long run.The econometric model suggests that there is a strong correlation between increase in government spending on farm subsidies and the rates of farmland rentals.

Recommended Citation

Agunbiade, Victor. "The Effects of U.S. Agricultural Subsidies on Farmland Rental Rates." Undergraduate Research Symposium, Mankato, MN, April 9, 2012.
http://cornerstone.lib.mnsu.edu/urs/2012/oral-session-11/2