Estimating the Effect of Government Programs on the Supply of Wheat in the United States

Acreage functions for wheat, incorporating variables that reflect the value of voluntary acreage diversion programs to producers, are estimated fro 1962-76. The elasticities of response to such programs are generally low in comparison to those for market price, indicating that the reduction of production through voluntary diversion is relatively expensive.


Issue Date:
1981-07
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/183829
Total Pages:
14
Series Statement:
81-21




 Record created 2017-04-01, last modified 2017-04-26

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