Economic Farm Subsidy Incidences in the Presence of Bertrand Competitors of Complementary Factors of Production: a Theoretical and Experimental Approach

Author

Abby Kelly Poe

Issuing Body

Mississippi State University

Advisor

Coatney, Kalyn T.

Committee Member

Coble, Keith H.

Committee Member

Freeman, Matthew Alan

Date of Degree

8-15-2014

Document Type

Graduate Thesis - Open Access

Major

Agricultural Economics

Degree Name

Master of Science (M.S.)

College

College of Agriculture and Life Sciences

Department

Department of Agricultural Economics

Abstract

The identification of factors contributing to the farmers' non-retention of subsidy dollars is key in identifying the impact of the subsidy within and across the sector. Relaxing the assumption of perfect competition, amongst input suppliers, allows for an analysis of two upstream of complementary goods. Because it is the case that the farmers are price takers for some inputs (seed) and may negotiate over the price of others (land), I assume the upstream input providers are more akin to Bertrand competition. General findings, from the theoretical and experimental results, indicate upstream market power as having a significant impact on the economic subsidy incidence; and the complementary between the farmer’s inputs is the main driving force of the results.

URI

https://hdl.handle.net/11668/19935

Recommended Citation

Poe, Abby Kelly, "Economic Farm Subsidy Incidences in the Presence of Bertrand Competitors of Complementary Factors of Production: a Theoretical and Experimental Approach" (2014). Theses and Dissertations. 1622.
https://scholarsjunction.msstate.edu/td/1622