Supply Response of Crops in the Southeast

Rachel K. Smith, Patricia A. Duffy, James L. Novak and Norbert Wilson ()

No 46756, 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia from Southern Agricultural Economics Association

Abstract: An econometric model was used to estimate the supply response of corn, cotton, and soybeans in the Southeast United States. The analysis includes state-level data from 1991-2005 for Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Virginia, taking into account the effect of wealth, revenue risk, and farm program provisions. Estimated elasticities were low and many parameters were not statistically significant.

Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
Pages: 22
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeana:46756

DOI: 10.22004/ag.econ.46756

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