Simple econometric models for short term production choices in cropping systems
Alain Carpentier and
Elodie Letort
No 210387, Working Papers from Institut National de la recherche Agronomique (INRA), Departement Sciences Sociales, Agriculture et Alimentation, Espace et Environnement (SAE2)
Abstract:
The aim of this article is to present new models of acreage choices to describe short term production choices. Its construction combines concepts developed in the Positive Mathematical Programming and Multicrop Econometric literatures. They consider land as an allocable fixed input and motivate crop diversification by decreasing returns to crop area and/or implicit costs generated by constraints on acreage choices and by limiting quantities of quasi-fixed factors. Attractive re-parametrization of the standard quadratic production function and different functional forms for cost function are proposed to have parameters easily interpretable and to define econometric models in a very simple way.
Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
Pages: 34
Date: 2010
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https://ageconsearch.umn.edu/record/210387/files/WP%20SMART-LERECO%2010.11.pdf (application/pdf)
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Working Paper: Simple econometric models for short term production choices in cropping systems (2010) 
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Persistent link: https://EconPapers.repec.org/RePEc:ags:inrasl:210387
DOI: 10.22004/ag.econ.210387
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