Simple econometric models for short term production choices in cropping systems

Alain Carpentier and Elodie Letort

No 10-11, Working Papers SMART from INRAE UMR SMART

Abstract: The aim of this article is to present new models of acreage choices to describe short term production choices. Its construction combines concepts developed in the Positive Mathematical Programming and Multicrop Econometric literatures. They consider land as an allocable fixed input and motivate crop diversification by decreasing returns to crop area and/or implicit costs generated by constraints on acreage choices and by limiting quantities of quasi-fixed factors. Attractive re-parametrization of the standard quadratic production function and different functional forms for cost function are proposed to have parameters easily interpretable and to define econometric models in a very simple way.

Keywords: Acreage share; Production function; Multicrop econometric model; Positive Mathematical Programming (search for similar items in EconPapers)
JEL-codes: C51 D22 Q12 (search for similar items in EconPapers)
Pages: 34 p.
Date: 2010
New Economics Papers: this item is included in nep-agr and nep-eff
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Citations: View citations in EconPapers (1)

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Related works:
Working Paper: Simple econometric models for short term production choices in cropping systems (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:rae:wpaper:201011

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