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040 _aMX-TxCIM
041 0 _aEn
043 _aUS
072 0 _aE10
072 0 _aU10
082 0 4 _a86-042401
100 1 _aLove, H.A.
_uWorking paper - Giannini Foundation of Agricultural Economics, California Agricultural Experiment Station (USA). no. 294
245 0 0 _aAgricultural output and effectiveness of government policy
260 _c1984
340 _aPrinted
500 _a19 ref. Includes statistical data
520 _aExtract: A model is presented to assess the effects of changes in agricultural target prices, support prices, diversion payments and eligibility requirements on farmer's production decisions. Hypothesis tests are constructed to test the statistical significance of various policy and economic variables. The central features of this paper are: 1) complete incorporation of the past and current program offerings into the farmer's objective function, and 2) the use of Zellner's seemingly unrelated regression (SUR) model to estimate the aggregate acreage and yield responses for wheat, feed grains and soybeans. These features, along with an
546 _aEnglish
591 _aNAL, USDA, Beltsville, Md. 20705 - USA
595 _aAC
650 1 0 _aAdministration
650 1 0 _aAgricultural policies
650 1 0 _aModels
650 1 0 _aPrice formation
650 1 0 _aStatistical analysis
_91276
700 1 _aFreebairn, J,
_ecoaut.
700 1 _aRausser, G.C.,
_ecoaut.
942 _cBK
999 _c38086
_d38086