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• W1969054353 startingPage "631" @default.
• W1969054353 abstract "Abstract This paper estimates a policy preference function that explains the government's choices of target prices, government held wheat stocks, and public wheat research funding. The policy preference function depends on producers' surplus, consumers' surplus, and budget expenditures. An important innovation in this paper is the inclusion of interactions between public research expenditures and other public policy variables. Results indicate that the government places a premium of 25% to 45% on the welfare of wheat producers of relative to budget expenditures, while wheat consumers' welfare is discounted as much as 50% relative to budget expenditures." @default.
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• W1969054353 date "1990-08-01" @default.
• W1969054353 modified "2023-09-29" @default.
• W1969054353 title "A Policy Preference Function for Government Intervention in the U.S. Wheat Market" @default.
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• W1969054353 doi "https://doi.org/10.2307/1243033" @default.
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