ON MODELING SYSTEMS OF CROP ACREAGE DEMANDS

This article presents an alternative approach to the specification of systems of crop acreage responses. Derived demands for acreages of individual crops are specified as conditional on total crop acreage, and related separability and dynamic specifications help to reduce the effects of multicollinearity in the system. A simple econometric model of crop acreage demands for Western Canada illustrates the methodology.


Issue Date:
1993-07
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/30823
Published in:
Journal of Agricultural and Resource Economics, Volume 18, Number 1
Page range:
57-69
Total Pages:
13




 Record created 2017-04-01, last modified 2017-08-24

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