REGIONAL FACTOR DEMAND IN U.S. WHEAT PRODUCTION
Weining Mao and
Won W. Koo
No 23091, AE Series from North Dakota State University, Department of Agribusiness and Applied Economics
Abstract:
This study applies a translog cost function to analyze factor demands in four U.S. wheat production regions. The results show that factor demands are inelastic across all regions. The interdependent relationships among inputs and the effects of price changes on the relative cost shares are substantially
Keywords: Demand and Price Analysis; Production Economics (search for similar items in EconPapers)
Pages: 11
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nddaes:23091
DOI: 10.22004/ag.econ.23091
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