The impact of price support on set-aside responses to an increase in price uncertainty
研究了价格不确定性增加时，价格支持政策如何改变农民休耕决策，发现价格支持可能抵消通常的休耕增加效应。
This paper examines the impact of increased price uncertainty on the decision to set aside croppable land. It is shown that the standard response of increased set-aside may not occur if the commodity in question is also subject to a price-support policy. In this situation, conflicting effects on the set-aside decision arise because an increase in underlying price uncertainty may increase not just the variability but also the expected level of producer prices. Copyright 1994 by Oxford University Press.