Supply and Demand Functions for Multiproduct U.S. Cash Grain Farms: Biases Caused by Research and Other Policies

Wallace Huffman and Robert E. Evenson

Staff General Research Papers Archive from Iowa State University, Department of Economics

Abstract: This study presents new estimates of supply and demand elasticities for U.S. multiproduct cash grain farms and estimates of input and output bias effects caused by public and private crop research, extension, and farmers' schooling. The study also shows that the social rate of return to public crop research is large--about 62 percent.

Date: 1989-08-01
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Published in American Journal of Agricultural Economics, August 1989, vol. 71 no. 3, pp. 761-773

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Related works:
Journal Article: Supply and Demand Functions for Multiproduct U.S. Cash Grain Farms: Biases Caused by Research and Other Policies (1989)
Working Paper: Supply and Demand Functions for Multiproduct U.S. Cash Grain Farms: Biases Caused by Research and Other Policies (1989)
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Persistent link: https://EconPapers.repec.org/RePEc:isu:genres:10985

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