An Econometric Analysis of the Supply Response for North Carolina Field Crops

Stanley M. Fletcher and Colin Gellatly

No 283740, 1977 AAEA-WAEA Joint Meeting, July 31-August 3, San Diego, California from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Until recently econometric models of supply response have been based either on the Nerlovian models (adaptive expectations or partial adjustment) or other types of distributed lag models (e.g., polynomial lag models). Generally these models have been based on the hypothesis that supply response is a function of only the expected price or returns. Recently two further aspects have been incorporated in supply response models.

Keywords: Research; Methods/Statistical; Methods (search for similar items in EconPapers)
Pages: 12
Date: 1977-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea77:283740

DOI: 10.22004/ag.econ.283740

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