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)
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)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea76:283936
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