ALTERNATIVE EMPIRICAL MEASURES OF THE SUPPLY EFFECT OF THE CORN PRICE SUPPORT PROGRAM
Frank M. Howland
No 271035, 1990 Annual meeting, August 5-8, Vancouver, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
A methodology for measuring the supply effect of price support programs using panel data on individual farms is developed and empirically implemented on a sample of 104 Illinois farms, observed over the period 1976-85. The supply effect measures require less restrictive assumptions than analyses based on aggregate time series data.
Keywords: Crop Production/Industries; Demand and Price Analysis (search for similar items in EconPapers)
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