FARM LEVEL CORN ACREAGE RESPONSE ESTIMATION

This study reports results of an acreage supply equation using individual farm data and develops implications for bias introduced by use of aggregate data. The analysis shows that use of aggregate acreage response models underestimates the absolute value of price elasticities and the lagged adjustment process. Further, aggregated analyses cannot incorporate some variables found to be important in explaining from level acreage response.

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Year of publication:	1986
Authors:	Nutt, Perry J. ; Reed, Michael R. ; Skees, Jerry R.
Published in:	Southern Journal of Agricultural Economics. - Southern Agricultural Economics Association - SAEA. - Vol. 18.1986, 02
Publisher:	Southern Agricultural Economics Association - SAEA
Keywords:	Crop Production/Industries

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005798692