Acreage Response Estimation Through a Systems Approach

Lance McKinzie, James Binkley and Walt Gardiner

No 279136, 1982 Annual Meeting, August 1-4, Logan, Utah from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: A simple theoretical model is developed to show the advantages of a multi-equation approach to acreage response estimation. These principally involve the elimination of concern with land costs and the estimation of substitution relations among crops and effects from land expansion. The model is applied to the Midwest.

Keywords: Demand and Price Analysis; Land Economics/Use (search for similar items in EconPapers)
Pages: 15
Date: 1982-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea82:279136

DOI: 10.22004/ag.econ.279136

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