An Initial Assessment of the Payment-in-Kind Program

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英文名称：

An Initial Assessment of the Payment-in-Kind Program

作者：

Economic Research Service

工作单位：

USDA's Economic Research Service

来源地址：

https://www.ers.usda.gov/publications/pub-details/?pubid=42745

关键词：

payment-in-kind;  PIK;  acreage reduction;  program costs;  farm income;  commodity prices; 

年份：

1983

出版地：

Washington, DC, USA

总页数：

24 pp

语种：

English

摘要：

Weak domestic demand, the first drop in exports in more than a decade, and large farm surpluses placed significant downward pressure on commodity prices and farm incomes and created the potential for large government outlays. The payment-in-kind (PIK) program was designed to idle substantial acreage without increasing government program costs. This report provides an assessment of the PIK program on production, prices, and incomes.