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A set of price-dependent demand equations explains the Interdependent nature of monthly demand relationships for 10 meat commodities The analysis uses a model with a mixed structural-time series approach. the model's forecasting capability is significantly better than that of the traditional...
Persistent link: https://www.econbiz.de/10010881949
Current concepts and procedures used by the U S Department of Agriculture (USDA) to estimate farm enterprise costs of production are Inadequate for describing economic conditions of various producer groups The 1981 Agriculture and Food Act gives USDA greater flexibility In estimating production...
Persistent link: https://www.econbiz.de/10010882028
No one knows exactly what the demands for farm products will be in 1960 and 1975. Nor can anyone foresee the exact supplies of agricultural commodities in these years. Yet farmers, legislators, and administrators of agricultural programs cannot work entirely in the dark. They must base their...
Persistent link: https://www.econbiz.de/10010919376
Most data on the market value of farm real estate are presented on the basis of national aggregates. Though continuing to serve many useful purposes, such data have limited use when more exacting economic analysis is required. Data are needed that more accurately reflect 10eal market responses....
Persistent link: https://www.econbiz.de/10010919605
The probable outcome of a general cropland retirement program based on retiring land having the lowest net return per acre is compared with the probable outcome of a program based on retiring land having the highest unit production costs. Estimates are made of (1) location of the retired...
Persistent link: https://www.econbiz.de/10010919807
Prior information derived from previous research, commodity specialists, market institutions, and introspection was used to estimate margin equations for selected fresh vegetables through the mixed estimation technique. Use of this information increased the precision of parameter estimates....
Persistent link: https://www.econbiz.de/10010920038
Opinions differ among economists as to how effective statistical analyses using time series data can be in identifying factors affecting demand and in measuring their influences. Although this presentation may not materially modify these opinions, it should at least succeed in making even the...
Persistent link: https://www.econbiz.de/10010881882
Information on efficient regional patterns of agricultural production can be useful in devising policies for adjustments in farming that are consistent with modern conditions and concepts of economic development. Such knowledge can also indicate the amount and location of land to be withdrawn...
Persistent link: https://www.econbiz.de/10010881887
Costs of seven methods of handling beef by retail firms are explored, considering number and size of stores per firm and distance from the packer. The least costly method is centralized cutting into retail cuts by retail firms. Larger store size reduced per unit costs significantly for all...
Persistent link: https://www.econbiz.de/10010881901
Over the last 20 years, consumers have spent a declining portion of their income on food for consumption at home, while the share of income spent on meals purchased at restaurants, cafeterias, and fast-food chains has held constant This article attempts to explain this phenomenon by estimating a...
Persistent link: https://www.econbiz.de/10010881907