Effects of Alternative Farm Programs and Levels of Price Variability on Texas Cotton Farms Academic Article uri icon

abstract

  • AbstractThis study 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.

published proceedings

  • Southern Journal of Agricultural Economics

author list (cited authors)

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

citation count

  • 4

complete list of authors

  • Duffy, Patricia A||Richardson, James W||Smith, Edward G

publication date

  • December 1986