40 research outputs found
RECENT CHANGES IN THE REGIONAL STRUCTURE OF U.S. DAIRY PRODUCTION
Gauging the impact of recent policy changes, this article analyzes production characteristics and the impact of the dairy assessment for northeastern dairy farmers as compared to other major production regions. Employing a restricted translog variable profit function, returns to size, shadow prices, supply elasticities for milk and livestock as well as demand elasticities for concentrate were estimated. Northeastern, just as Midwestern farmers, were less responsive in milk supply and concentrate demand, more responsive in livestock production, and less efficient than their California and Texas counterparts. The dairy assessment affected profits of northeastern farmers later than those of other regions. Negative shadow prices indicated overinvestment into fixed factors.Livestock Production/Industries,
AN OPTIMAL CONTROL FRAMEWORK FOR INTER - REGIONAL DAIRY POLICY ANALYSIS
An eleven-region stochastic coefficient econometric model was estimated and used in an optimal control framework to evaluate the effectiveness of the dairy price support program and marketing orders in reducing and stabilizing government purchases of dairy products. The results showed significant pressure on the reduction of the support price both in the presence and absence of Class I differentials. The optimal control model also showed that the drop in price support levels did not dramatically alter the regional distribution of milk production.Agricultural and Food Policy,
BENEFITS TO AGRICULTURAL WORKERS UNDER THE UNEMPLOYMENT COMPENSATION AMENDMENT OF 1976
The "Unemployment Compensation
Amendments of 1976" are expected to
provide income protection for about two-fifths
of all hired agricultural workers. The
program became effective in January 1978.
Of these insured workers, three-tenths are
expected to receive benefits, expected to
average about 14 percent of average annual earnings if 1970 employment relationships
hold. Nearly one-fourth of unemployed farm workers who receive benefits will
likely exhaust their entitlements before finding new jobs. Large interstate variations are expected around these averages as a result of differing State qualifying regulations, benefit schedules, and personal work histories
COVERAGE OF AGRICULTURAL WORKERS UNDER THE UNEMPLOYMENT COMPENSATION AMENDMENT OF 1976
The "Unemployment Compensation Amendments of 1976"
31e expected to insure about two-fifths of all hired agricultural
workers. Large interstate variations in the proportion of workers
insured result from their cliffering work histories and state's
qualifying provisions. Of these insured workers, three- tenths will
receive benefits, ranging from about 1,000 depending
upon the state benefit schedule and the worker's employment
history. Average benefits amount to 14 percent of earnings of
the workers which average $3,613. Nearly one-fourth of the
beneficiaries will exhaust their benefit entitlements