This paper uses the Pagano-Hartley procedure to estimate the lag length and polynomial degree for the case of a quarterly hog supply equation. The results show that the nicely humped shapes which materialize when using the Almon lag may be caused by the failure in accounting for autocorrelation...

The authors analyze the factors affecting U.S. shrimp consumption. Two aspects seem to affect shrimp consumption: habit formation and inventory adjustment. They conclude that the long-run and short-run price elasticities are inelastic.

In Hawaii, marketing and production conditions have led to shrinking market shares for local farm produce. The primary limiting factor to maintaining and expanding the market share of Hawaii-grown produce is inconsistent and unreliable supply, compounded by inadequate market coordination.

Data limitations often limit the time framework in which agricultural commodities are modeled and prices forecasted. Our research provides a technique to alleviate this constraint. By combining an annual econometric model with a quarterly ARIMA model, quarterly forecasts can be made which...

Analyzes the impacts of income and inflation on beef and pork retail prices.

Implications of real cash balances as a productive input in agricultural production are explored. A system of aggregate input demand functions for agriculture including real cash balances is formulated and estimated, assuming that producers minimize input costs for a given output level....

A single-equation nonlinear hedonic price function is estimated for parcels of rural land in transition from agriculture in a Nevada community. Empirical results are evaluated relative to the effects of selected government-provided amenities on parcel prices. Utilizing the estimated hedonic...

A "demand" model for fresh and processed potatoes is formulated. The price forecasts for 1983-1992 suggest rising trends for both retail prices in both nominal and real terms. In the next ten years, nominal fresh and processed prices are predicted to increase by 106 percent and 72 percent,...