Page of

The Buck Stops Where?: The Distribution of Agricultural Subsidies

The Buck Stops Where?: The Distribution of Agricultural Subsidies

Chapter:
(p.15) 1 The Buck Stops Where?: The Distribution of Agricultural Subsidies
Source:
The Intended and Unintended Effects of U.S. Agricultural and Biotechnology Policies
Author(s):
Barry K. GoodwinAshok K. MishraFrançois Ortalo-Magné
Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226988061.003.0002

This chapter illustrates that the capture of agricultural policy benefits by the initial land owners is not new. It contributes to the understanding of the distribution of farm subsidies in several ways. First, it investigates the differential impact of the principal farm programs because the breakdown of government payments at both the farm and the county level can both be observed. Second, because the location of each farm is known, nonagricultural pressures on the land can be controlled for and how they affect its value can be determined. This puts observers in a unique position to be able to assess directly the extent to which owners and farmer operators share the benefits of various agricultural programs, a useful complement to the indirect assessment that can be obtained from investigating land values.

Keywords:   farm subsidies, farm programs, U.S. farm legislation, Agricultural Censuses, Agricultural Economics Land Owners Survey

Sign In

Copyright © 2021. All rights reserved.
Privacy Policy and Legal Notice