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英文文献：An Empirical Investigation of the Linkages between Government Payments and Farmland Leasing Arrangements-政府支付与农地租赁安排之间联系的实证研究
英文文献作者：Qiu, Feng,Goodwin, Barry K.,Gervais, Jean-Philippe
英文文献摘要：
This article investigates the impacts of decoupled and coupled support payments on farmland rental contract choices using a principal-agent model. We consider cash and share contracts as well as hybrid contracts, which are increasingly prominent in US agriculture. The conceptual framework suggests that restrictions on sharing payments between contracting parties are ineffective and induce an offsetting contractual rearrangement. Empirical results from a multinomial logit model confirm that government support programs have large significant effects on contract choices and that these effects vary by types of subsidies.
摘要本文运用委托-代理模型研究了支持支付耦合与非耦合对农地租赁合同选择的影响。我们考虑现金和股票合同以及混合合同，后者在美国农业中日益突出。概念框架表明，限制缔约双方分摊付款是无效的，并导致一种抵消性的合同重新安排。实证结果表明，政府支持计划对契约选择有显著影响，且这些影响因补贴种类的不同而不同。
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