caa a22 4500 477129730 CHVBK 20180405111701.0 cr unu---uuuuu 170330e19971101xx s 000 0 eng 10.1023/A:1007711923094 doi (NATIONALLICENCE)springer-10.1023/A:1007711923094 The Effect of Eliminating Direct Payments to Farmers on Land Values [Elektronische Daten] [E. Beach, Roy Boyd, Noel Uri] This study looks at the effects of the complete elimination of direct government payments to farmers on the U.S. economy in general and the effect on land values in particular. The analytical approach used consists of a computable general equilibrium model composed of 14 producing sectors, 14 consuming sectors, six household categories classified by income, and a government. The results suggest that, with a complete elimination of direct government payments to farmers, there will be a reduction in output by all producing sectors of 0.18% or about $14.5 billion, a decline in output in the agricultural sectors of 4.39% or about $12.0 billion, a fall in the consumption of goods and services by about 0.11% or $4.15 billion, a fall in total utility by 0.47% or $22.0 billion, and a net reduction in expenditures for the government of $13.4 billion. Land values will be adversely affected, falling an average of 14%. Kluwer Academic Publishers, 1997 Beach E. Ohio Department on Aging, Columbus, Ohio aut Boyd Roy Department of Economics, Ohio University, Athens, Ohio aut Uri Noel Natural Resources and Environment Division, Economic Research Service, U.S. Department of Agriculture, Washington, DC aut The Journal of Real Estate Finance and Economics Kluwer Academic Publishers 15/3(1997-11-01), 239-260 0895-5638 15:3<239 1997 15 11146 https://doi.org/10.1023/A:1007711923094 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1023/A:1007711923094 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Beach E. Ohio Department on Aging, Columbus, Ohio aut NATIONALLICENCE 700 1- Boyd Roy Department of Economics, Ohio University, Athens, Ohio aut NATIONALLICENCE 700 1- Uri Noel Natural Resources and Environment Division, Economic Research Service, U.S. Department of Agriculture, Washington, DC aut NATIONALLICENCE 773 0- The Journal of Real Estate Finance and Economics Kluwer Academic Publishers 15/3(1997-11-01), 239-260 0895-5638 15:3<239 1997 15 11146 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer