The Dynamics Of Supply Estiamation Of Farmers Response To Price
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The Dynamics Of Supply
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Author : Marc Nerlove
language : en
Publisher: Baltimore, Md. : Johns Hopkins Press
Release Date : 1958
The Dynamics Of Supply written by Marc Nerlove and has been published by Baltimore, Md. : Johns Hopkins Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1958 with Agricultural prices categories.
The Dynamics Of Supply
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Author : Bernard Okun
language : en
Publisher:
Release Date : 1958
The Dynamics Of Supply written by Bernard Okun and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1958 with Agricultural prices categories.
The Dynamics Of Supply Estiamation Of Farmers Response To Price
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Author :
language : en
Publisher:
Release Date : 1958
The Dynamics Of Supply Estiamation Of Farmers Response To Price written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1958 with categories.
Estimation Of Farm Supply Response And Acreage Allocation
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Author : N. S. S. Narayana
language : en
Publisher:
Release Date : 1981
Estimation Of Farm Supply Response And Acreage Allocation written by N. S. S. Narayana and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Agricultural estimating and reporting categories.
Farmer S Response To Price
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Author : Oris Vernon Wells
language : en
Publisher:
Release Date : 1933
Farmer S Response To Price written by Oris Vernon Wells and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1933 with Agricultural prices categories.
Farmers Response To Prices
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Author : Oris Vernon Wells
language : en
Publisher:
Release Date : 1933
Farmers Response To Prices written by Oris Vernon Wells and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1933 with Agricultural prices categories.
The Dynamics And Spatial Heterogeneity Of Crop Acreage Response To Price
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Author : Nathan P. Hendricks
language : en
Publisher:
Release Date : 2011
The Dynamics And Spatial Heterogeneity Of Crop Acreage Response To Price written by Nathan P. Hendricks and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
Estimates of crop supply response to price have a long history in agricultural economics. The primary contribution of this dissertation is to estimate the short-run (1-year) and long-run (5- to 10-year) acreage response to price for corn and soybeans. I characterize the dynamics of aggregate supply response by aggregating a field-level conceptual model of crop decisions with rotation incentives across heterogeneous fields. The model indicates that the long-run response is likely to be smaller than the short-run response. The econometric model exploits crop data, in the form of pixels, derived from satellite imagery for Illinois (1999-2010) and Iowa and Indiana (2000-2010). To approximate fields as the unit of analysis, I use Common Land Unit boundaries from the Farm Service Agency. Expected per bushel crop revenues are the sum of a futures price, an expected loan deficiency payment, and an expected basis obtained from 93 market locations. Soil and precipitation data are spatially merged to the crop data. The field-level dataset contains approximately 1 million observations per year. I argue that previous estimates of aggregate acreage response to price have been biased due to the use of aggregate data and pooled estimators (i.e., estimating a heterogeneous coefficient with a single parameter). The bias from aggregation occurs because aggregating a dynamic model results in a different dynamic structure at the aggregate level, thus the model is misspecified with a single lagged dependent variable. The pooling bias occurs because the coefficient on the lagged dependent variable captures the variation in the price response. When the price of corn increases, fields that have a larger price response are more likely to plant corn in the current year, but they are also more likely to have planted corn the previous year since prices are positively autocorrelated. I avoid these sources of bias by using disaggregate crop data and estimating coefficients that differ by soil regimes. Using the field-level data, I estimate the own-price acreage elasticity for corn as 0.52 in the short run and 0.34 in the long run. I estimate the own-price acreage elasticity for soybeans as 0.31 in the short run and 0.23 in the long run. In contrast, estimates with county-level data for the same region and time period indicate that the long-run elasticities are larger than the short-run elasticities.
Estimating The Aggregate Agricultural Supply Response
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Author : Rainer Thiele
language : en
Publisher:
Release Date : 2000
Estimating The Aggregate Agricultural Supply Response written by Rainer Thiele and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with categories.
Food Price Volatility And Its Implications For Food Security And Policy
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Author : Matthias Kalkuhl
language : en
Publisher: Springer
Release Date : 2016-04-12
Food Price Volatility And Its Implications For Food Security And Policy written by Matthias Kalkuhl and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-12 with Business & Economics categories.
This book provides fresh insights into concepts, methods and new research findings on the causes of excessive food price volatility. It also discusses the implications for food security and policy responses to mitigate excessive volatility. The approaches applied by the contributors range from on-the-ground surveys, to panel econometrics and innovative high-frequency time series analysis as well as computational economics methods. It offers policy analysts and decision-makers guidance on dealing with extreme volatility.
Why Are Estimates Of Agricultural Supply Response So Variable
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Author : Russell L. Lamb
language : en
Publisher:
Release Date : 1996
Why Are Estimates Of Agricultural Supply Response So Variable written by Russell L. Lamb and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Agricultural prices categories.