Effects of alternative farm programs and levels of price variability on Texas cotton farms. Academic Article uri icon

abstract

  • Examines the effects of alternative government farm programs and hypothetical price variability levels on two Texas cotton farms which were simulated stochastically over a 10-year period. Results indicate that a combination of high price variability and participation in government programs stimulates growth and wealth accumulation. -Authors

author list (cited authors)

  • Duffy, P. A., Richardson, J. W., & Smith, E. G.

complete list of authors

  • Duffy, PA||Richardson, JW||Smith, EG

publication date

  • January 1986