Market and Welfare Effects of Livestock Feed Subsidies in Southeastern New Mexico
Input subsidies have the potential to increase production, promote more input use, and impact the environment. Unlike many other federal agricultural subsidies, livestock feed programs have not been the subject of previous economic research. During 1992-96, the U.S. Department of Agriculture paid li...
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Western Agricultural Economics Association
1998-12-01
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doaj-6d4297040c534d4d838939778359fb932020-11-25T02:06:00ZengWestern Agricultural Economics AssociationJournal of Agricultural and Resource Economics1068-55022327-82851998-12-0123254555710.22004/ag.econ.3119931199Market and Welfare Effects of Livestock Feed Subsidies in Southeastern New MexicoRhonda K. SkaggsConstance L. FalkInput subsidies have the potential to increase production, promote more input use, and impact the environment. Unlike many other federal agricultural subsidies, livestock feed programs have not been the subject of previous economic research. During 1992-96, the U.S. Department of Agriculture paid livestock producers an annual average of $73.2 million in feed subsidies. The objective of this research is to estimate the market and welfare effects of feed subsidies in one region of New Mexico. The price and output effects of the subsidy are found to be small, and the welfare impacts of the subsidy unevenly distributed between subsidized and nonsubsidized producers.https://ageconsearch.umn.edu/record/31199emergency feed programinput subsidywelfare |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Rhonda K. Skaggs Constance L. Falk |
spellingShingle |
Rhonda K. Skaggs Constance L. Falk Market and Welfare Effects of Livestock Feed Subsidies in Southeastern New Mexico Journal of Agricultural and Resource Economics emergency feed program input subsidy welfare |
author_facet |
Rhonda K. Skaggs Constance L. Falk |
author_sort |
Rhonda K. Skaggs |
title |
Market and Welfare Effects of Livestock Feed Subsidies in Southeastern New Mexico |
title_short |
Market and Welfare Effects of Livestock Feed Subsidies in Southeastern New Mexico |
title_full |
Market and Welfare Effects of Livestock Feed Subsidies in Southeastern New Mexico |
title_fullStr |
Market and Welfare Effects of Livestock Feed Subsidies in Southeastern New Mexico |
title_full_unstemmed |
Market and Welfare Effects of Livestock Feed Subsidies in Southeastern New Mexico |
title_sort |
market and welfare effects of livestock feed subsidies in southeastern new mexico |
publisher |
Western Agricultural Economics Association |
series |
Journal of Agricultural and Resource Economics |
issn |
1068-5502 2327-8285 |
publishDate |
1998-12-01 |
description |
Input subsidies have the potential to increase production, promote more input use, and impact the environment. Unlike many other federal agricultural subsidies, livestock feed programs have not been the subject of previous economic research. During 1992-96, the U.S. Department of Agriculture paid livestock producers an annual average of $73.2 million in feed subsidies. The objective of this research is to estimate the market and welfare effects of feed subsidies in one region of New Mexico. The price and output effects of the subsidy are found to be small, and the welfare impacts of the subsidy unevenly distributed between subsidized and nonsubsidized producers. |
topic |
emergency feed program input subsidy welfare |
url |
https://ageconsearch.umn.edu/record/31199 |
work_keys_str_mv |
AT rhondakskaggs marketandwelfareeffectsoflivestockfeedsubsidiesinsoutheasternnewmexico AT constancelfalk marketandwelfareeffectsoflivestockfeedsubsidiesinsoutheasternnewmexico |
_version_ |
1724935683368288256 |