Selection of Representative Benchmark Farms for Supply Estimation

Seamus J. Sheehy and R. H. McAlexander

American Journal of Agricultural Economics, 1965, vol. 47, issue 3, 681-695

Abstract: Many researchers have been associated with studies involving the use of results of benchmark farms in aggregation; however, only limited attention appears to have been given the effect of benchmark farm selection on aggregation bias. This paper is concerned with the selection procedure of such farms from a sample of farms, and in the aggregation of linear programming results of these benchmark farms in estimating the potential output of a major commodity for an area. Possible bias associated with a conventional method of selection is discussed, an alternative method of selection is presented, and the supply functions for milk for a sample of farms in one geographic area are compared using the two approaches.

Date: 1965
References: Add references at CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://hdl.handle.net/10.2307/1236281 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:47:y:1965:i:3:p:681-695.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().