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.


Issue Date:
1986-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/29783
Published in:
Southern Journal of Agricultural Economics, Volume 18, Number 2
Page range:
1-5
Total Pages:
5




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

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