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Equity of Farm Subsidies. Edition No. 1
VDM Publishing House, Nov 2008, Pages: 100
Governments get involved in agriculture to
ensure adequate food supplies, protect and preserve
small-scale farms, reduce price instability,
minimize dependence on imports and protect the
environment. In this book, the dependency of South
Dakota on different forms of federal payments is
examined. In addition, the distribution of farm
program payments to recipients is analyzed.
South Dakota’s dependency on federal
payments has increased during the 1990-2001 time
period. Moreover, the level of dependency on farm
program payments for farm income increased
enormously from the 1990-95 period to the 1996-01
time period. Dependency on federal payments was
similar across regions; however, farm income
dependency on farm program payments varies
throughout South Dakota.
The distribution of farm program payments
was highly unequal in South Dakota, regardless of
region and specific year examined. The sum of the
first quintile’s payment was much larger than the
sum of the second, third, fourth, and fifth quintile
combined.
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