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Projecting State Agricultural Production Quantities with a Cobb-Douglas Programming Model

David L. Watt and George E. Rossmiller

No 283936, 1976 Annual Meeting, August 15-18, State College, Pennsylvania from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: A Cobb-Douglas programming model of Michigan agriculture sector production was developed for.13 commodities using 24 input categories and tested for the period 1955~1962. Input supply and commodity demand schedules are used by the algorithm to solve for input and output quantities by year.

Keywords: Research; Methods/; Statistical; Methods (search for similar items in EconPapers)
Date: 1976-08
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