PRODUCTION RELATIONSHIPS IN SOUTH CENTRAL AGRICULTURE

Rudolph A. Polson and C. Shumway

Southern Journal of Agricultural Economics, 1992, vol. 24, issue 2, 15

Abstract: Output supplies and input demands were estimated for each of five South Central states. The model structure in each state was based on prior parametric tests of homothetic separability, and estimates were generally consistent with a competitive, profit-maximizing industry. Considerable diversity among states was evident in selected production relationships. These results further document the non-uniform ways in which producers respond to government farm programs and market information.

Keywords: Production; Economics (search for similar items in EconPapers)
Date: 1992
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Journal Article: Production Relationships in South Central Agriculture (1992)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sojoae:29627

DOI: 10.22004/ag.econ.29627

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