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The impact of an ad valorem pesticide tax on cropping patterns and pesticide use was examined in the South Central Texas Crop Reporting District. Output supply equations were econometrically estimated and used in the simulation. A 25 percent tax on pesticide was estimated to have major impacts...
Persistent link: https://www.econbiz.de/10005513895
Several common flexible functional forms are evaluated for Texas agricultural production utilizing three procedures. Nested hypothesis tests indicate that the normalized quadratic is the marginally-preferred functional form followed by the generalized Leontief. Predictive accuracy results are...
Persistent link: https://www.econbiz.de/10005469251
Recent consolidation in agriculture has shifted production toward fewer but larger farms, reshaping business relationships between farmers, processors, input suppliers, and local communities. We analyze growth and diversification of U.S. corn, wheat, apple, and beef farms by examining...
Persistent link: https://www.econbiz.de/10005041408