Abstract
AbstractFarm households are economic agents whose income is derived from farm, off‐farm, and government sources. This article uses farm‐level data from the Agricultural Resource Management Survey (ARMS) and recent advances in the econometric theory of dynamic pseudo‐panels to show that farm households consume various sources of income differently at the margin. Particular attention is given to a specific type of lump‐sum government transfer payment intended to be decoupled from (independent of) farm production decisions. The results suggest that relatively decoupled government subsidies have a greater marginal effect on farm household consumption than subsidies that are tied to market conditions.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
