A Price and Yield Environmental Simulator Based on Historical Data

Virden L. Harrison and W. H. M. Morris

No 329852, Miscellaneous Publications from United States Department of Agriculture, Economic Research Service

Abstract: Excerpt from the paper: In studies of farm and non-farm firms involving more than one year in the analysis, the problem of obtaining an appropriate series of prices and yields for all enterprises is acute. This paper describes (1) a method of establishing a price, yield, and cost environment for projecting into the future the historical relation among as many crop and livestock enterprises as are desired and (2) a formula by which a second set of price, yield, and cost data may be obtained which deviates from the first set with a specified statistical precision.

Keywords: Crop Production/Industries; Demand and Price Analysis; Livestock Production/Industries; Production Economics; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 36
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersmp:329852

DOI: 10.22004/ag.econ.329852

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