Public Policy Center, University of Nebraska
Date of this Version
1988
Document Type
Article
Citation
NEBRASKA POLICY CHOICES 1988, ed.Russell L. Smith (Omaha, NE: Center for Applied Urban Research, 1988).
Abstract
Farm income in Nebraska reached a record level of $2,117 million in 1987, of which $1,275 million (or sixty percent) was received in the form of direct government payments. This chapter traces the recent history of farm income and direct government payments and describes the elements of the farm program that have had significant influence upon the Nebraska economy. The sensitivity of the Nebraska economy to movements in the farm sector is analyzed. Results from an econometric simulation analysis indicate that relatively strong multiplier effects occur in the state economy as a result of movements in farm income.
Comments
Copyright © 1988 University of Nebraska Board of Regents.