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Chembezi, D.M.

Program participation and acreage response functions for U.S. corn: a regional econometric analysis - 1991 - Printed

Conventional methods in supply analysis have usually modeled program and non-program acreage response in a single aggregate equation. In the presence of government programs, such an approach is less preferred because it fails to distinguish the factors affecting producers' decisions to participate from the factors affecting their planting decisions. A more effective approach is to estimate producer participation response first and then relate this to program planted acreage. Nonprogram acreage response is estimated separately, and is inversely related to participant response. This article reports empirical estimates from two alternative procedures


English

ISSN: 0191-9016

Subjects--Topical Terms:
Adjustment of production
Agricultural structure
America
Cereals
Economic policies
Farm size
Farm structure
Management
Mathematical and statistical methods
Models
North America
Organization, administration and management of agricultural enterpr
Plant products
Policies
Prices
Production policies
Profitability
USA

Dewey Class. No.: 92-061362