SUPPLY RESPONSE IN ARGENTINA: AGGREGATE PLANTED AREA IN CROP PRODUCTION

Christine A. Martin

No 11057, Graduate Research Master's Degree Plan B Papers from Michigan State University, Department of Agricultural, Food, and Resource Economics

Abstract: This study attempts to explain the variation in aggregate crop acreage in Argentina in the period 1960-97. It improves on previous studies by incorporating an expected yield variable and input price variables, extending the period of analysis, and attempting an aggregate crop acreage supply-response, of six crops. A single equation model is developed and the naive, moving average and simple weighted average price expectation mechanisms-are examined. Results show that a moving average specification of price expectation accounts better for the data.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Pages: 96
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:ags:midagr:11057

DOI: 10.22004/ag.econ.11057

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