An Analysis of the Farmer‐Owned Reserve Program, 1977–82
用计量模型分析美国农民自有储备计划对农产品和畜牧生产、价格、农场收入、库存和政府支出的影响，发现该计划提高了农产品价格和农场收入，但未显著减少价格年际波动，且长期可能增加政府支出。
Abstract An econometric model of the U.S. agricultural sector is utilized to examine the effects of the Farmer‐Owned Reserve Program on crop and livestock production and prices, farm income, crop carry‐over levels, and government outlays. The program has had a positive impact on commodity prices and farm income but has not significantly reduced the annual variation in commodity prices. It also increased government outlays for agricultural commodity programs, but all of the increase is potentially recoverable. The continued use of the FORP to enhance commodity prices likely will lead to excessive government outlays in the long run.