Knowledge Center Catalog

Structural change in supply response analysis of corn acreage

By: Contributor(s): Material type: ArticleArticleLanguage: En Publication details: 1991ISSN:
  • 0191-9016
Subject(s): DDC classification:
  • 92-061368
 In: Review of Agricultural Economics v. 13, no. 2, p. 237-24892-061368Summary: In most previous work on supply response analyses, estimated parameters were assumed constant over time. This study compared results from time-varying parameter models for U.S. corn acreage with OLS results. The time-varying parameter models imply larger effects of prices and faster adjustment than the constant parameter model. Further, this study provides elasticity estimates that reflect structural changes over time. In particular, corn acreage has become less responsive to changes in prices through time
Tags from this library: No tags from this library for this title. Log in to add tags.
Star ratings
    Average rating: 0.0 (0 votes)
Holdings
Item type Current library Collection Call number Copy number Status Date due Barcode Item holds
Article CIMMYT Knowledge Center: John Woolston Library AGRIS Collection 92-061368 (Browse shelf(Opens below)) 1 Available 92-061368
Total holds: 0

In most previous work on supply response analyses, estimated parameters were assumed constant over time. This study compared results from time-varying parameter models for U.S. corn acreage with OLS results. The time-varying parameter models imply larger effects of prices and faster adjustment than the constant parameter model. Further, this study provides elasticity estimates that reflect structural changes over time. In particular, corn acreage has become less responsive to changes in prices through time

English

US (DNAL HD1773.A3N6)|John Wiley|COMOD

AGRIS Collection


International Maize and Wheat Improvement Center (CIMMYT) © Copyright 2021.
Carretera México-Veracruz. Km. 45, El Batán, Texcoco, México, C.P. 56237.
If you have any question, please contact us at
CIMMYT-Knowledge-Center@cgiar.org