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EFFECTS OF DECOUPLING ON THE AVERAGE AND THE VARIABILITY OF OUTPUT

机译:去耦对产出平均值的影响和变异性

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Previous research has ignored the influence of inputs on output risk when assessing the effects of decoupled income-support payments on production decisions. This paper studies the impacts of agricultural policy decoupling on output variability and mean by explicitly considering the influence of agricultural input use on the stochastic component of production. We develop a theoretical framework that studies production responses of agricultural producers to apparently decoupled payments. Results showthat, under DARA preferences, government transfers will have the effect of increasing production risk. Inferences on the effects of payments on output mean are also made. In our empirical application we use farm-level data collected in Kansas to illustrate the model.
机译:以前的研究在评估了分离的收入支付对生产决策的影响时,投入对产出风险的影响。本文通过明确考虑农业投入对生产随机分量的影响,研究农业政策对产出变异性和均值的影响。我们开发了一个理论框架,研究农业生产者的生产响应,以显然解耦支付。结果表明,根据Dara偏好,政府转移将产生增加的生产风险。还制造了对产出意义的支付影响的推论。在我们的实证应用程序中,我们使用在堪萨斯州收集的农场级数据来说明模型。

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