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The incidence of U.S. agricultural subsidies on farmland rental rates

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dc.contributor.advisor David H. Autor. en_US
dc.contributor.author Kirwan, Barrett E., 1974- en_US
dc.contributor.other Massachusetts Institute of Technology. Dept. of Economics. en_US
dc.coverage.spatial n-us--- en_US
dc.date.accessioned 2005-09-27T18:30:19Z
dc.date.available 2005-09-27T18:30:19Z
dc.date.copyright 2004 en_US
dc.date.issued 2004 en_US
dc.identifier.uri http://hdl.handle.net/1721.1/28816
dc.description Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Economics, 2004. en_US
dc.description Includes bibliographical references (p. 35-36). en_US
dc.description.abstract This paper identifies the effect of agricultural subsidies on farmland rental rates in the United States. Rental agreements are primarily between farmers and non-farmer landlords, but no evidence exists concerning the incidence of subsidies on these two groups. By exploiting a unique policy change in 1996 and a nationally representative dataset of individual farms, I solve the endogeneity problem with fixed effects and instrumental variables techniques. I show that non-farmer landlords capture forty percent of the marginal subsidy dollar per acre. This finding is in sharp contrast to the basic assumptions in the literature that suggest full incidence on the landlords. I discuss possible characteristics of the farmland rental market that would result in less than perfect incidence. en_US
dc.description.provenance Made available in DSpace on 2005-09-27T18:30:19Z (GMT). No. of bitstreams: 2 60315488.pdf: 2191295 bytes, checksum: f7f7b1565a0e5042e745d7c3177fd0cf (MD5) 60315488-MIT.pdf: 2194273 bytes, checksum: 87031ea9e0c100d6fbe39aa1205b838d (MD5) Previous issue date: 2004 en
dc.description.statementofresponsibility by Barrett E. Kirwan. en_US
dc.format.extent 44 p. en_US
dc.format.extent 2191295 bytes
dc.format.extent 2194273 bytes
dc.format.mimetype application/pdf
dc.format.mimetype application/pdf
dc.language.iso en_US
dc.publisher Massachusetts Institute of Technology en_US
dc.rights M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. en_US
dc.rights.uri http://dspace.mit.edu/handle/1721.1/7582
dc.subject Economics. en_US
dc.title The incidence of U.S. agricultural subsidies on farmland rental rates en_US
dc.title.alternative Incidence of United States agricultural subsidies on farmland rental rates en_US
dc.type Thesis en_US
dc.description.degree S.M. en_US
dc.contributor.department Massachusetts Institute of Technology. Dept. of Economics. en_US
dc.identifier.oclc 60315488 en_US

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