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.
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.
https://cornerstone.lib.mnsu.edu/urs/2012/oral-session-11/2
