Planting and Removal Relationships for Perennial Crops: An Application to Cling Peaches
Ben C. French,
Gordon A. King and
Dwight D. Minami
American Journal of Agricultural Economics, 1985, vol. 67, issue 2, 215-223
Abstract:
Supply response for a perennial crop is influenced by the age composition of existing plant stocks which, in turn, is determined by historical patterns of plantings and removals. This paper develops estimates of functions that relate the planting and removal of cling peach trees to measures of past profitability, potential future production from existing acreage, and structural changes associated with market intervention programs. The analysis also provides indications of useful forms for these functions, patterns of yield variation by age of tree, and the nonlinear relation of removal response to age of tree.
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:67:y:1985:i:2:p:215-223.
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