IDEAS home Printed from https://ideas.repec.org/a/ags/sojoae/29977.html
   My bibliography  Save this article

Wheat Acreage Response: A Regional Econometric Investigation

Author

Listed:
  • Bailey, Kenneth W.
  • Womack, Abner W.

Abstract

An econometric model of planted wheat acreage was estimated for five distinct production regions in the United States. This structural investigation represents an update of previous published work with specific attention given to policy program variables, weather, production cost, risk, market price influences, and program participation. Estimated results indicated regional divergence in responsiveness to government program variables. The most significant divergence occurred in the Cornbelt and Southeast - soft red winter wheat areas. Results indicate that management of the wheat program from the USDA level will contain countervailing production incentives unless these regional characteristics are taken into consideration in policy directives.

Suggested Citation

  • Bailey, Kenneth W. & Womack, Abner W., 1985. "Wheat Acreage Response: A Regional Econometric Investigation," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 17(2), pages 1-10, December.
    • Handle: RePEc:ags:sojoae:29977
    DOI: 10.22004/ag.econ.29977
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/29977/files/17020171.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.29977?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Gallagher, Paul W., 1978. "The Effectiveness Of Price Support Policy--Some Evidence For U.S. Corn Acreage Response," Staff Papers 14140, University of Minnesota, Department of Applied Economics.
    2. Gallagher, Paul, 1978. "The Effectiveness Of Price Support Policy-Some Evidence For U.S. Corn Acreage Response," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 30(4), pages 1-7, October.
    3. Hoffman, Robert G., 1973. "Wheat -- Regional Supply Analysis," Miscellaneous Publications 324762, United States Department of Agriculture, Economic Research Service.
    4. Houck, James P., 1976. "Analyzing the Impact of Government Programs on Crop Acreage," Technical Bulletins 158119, United States Department of Agriculture, Economic Research Service.
    5. Marc Nerlove, 1958. "Distributed lags and Estimation of Long-Run Supply and Demand Elasticities: Theoretical Considerations," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 40(2), pages 301-310.
    6. Ryan, Mary E. & Abel, Martin E., 1973. "Oats And Barley Acreage Supply Function," Staff Papers 13731, University of Minnesota, Department of Applied Economics.
    7. Gallagher, Paul W., 1978. "The Effectiveness of Price Support Policy--Some Evidence for U.S. Corn Acreage Response," Staff General Research Papers Archive 12561, Iowa State University, Department of Economics.
    8. J. P. Houck & M. E. Ryan, 1972. "Supply Analysis for Corn in the United States: The Impact of Changing Government Programs," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(2), pages 184-191.
    9. P. B. R. Hazell & P. L. Scandizzo, 1974. "Competitive Demand Structures under Risk in Agricultural Linear Programming Models," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(2), pages 235-244.
    10. Houck, James P. & Ryan, Mary E., 1972. "Supply Analysis For Corn In The United States: The Impact Of Changing Government Programs," Staff Papers 13554, University of Minnesota, Department of Applied Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Krause, Mark A. & Lee, Jung-Hee & Koo, Won W., 1995. "Program And Nonprogram Wheat Acreage Responses To Prices And Risk," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 20(1), pages 1-12, July.
    2. Hazrana, Jaweriah & Kishore, Avinash & Roy, Devesh, 2020. "Supply response of staple food crops in the presence of policy distortions: Some evidence from India," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304490, Agricultural and Applied Economics Association.
    3. A. Chowdhury & Cary Herndon, 2000. "Supply response of farm program in rice-growing states," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 6(4), pages 771-781, November.
    4. Ghatak S. & Seale J., 2001. "Rice, Risk and Rationality: Supply Response in West Bengal, India," European Research Studies Journal, European Research Studies Journal, vol. 0(3-4), pages 155-155, July - De.
    5. Salassi, Michael E., 1995. "The Responsiveness Of U.S. Rice Acreage To Price And Production Costs," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 27(2), pages 1-14, December.
    6. Riaz, Bakhtawar & Ali, Shahid & Jan, Dawood, 2014. "Acreage Response Analysis Of Maize Growers In Khyber Pakhtunkhwa, Pakistan," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 2(3), pages 1-12, July.
    7. Joyce Hall Krause & B. Wade Brorsen, 1995. "The Effect of Risk on the Rental Value of Agricultural Land," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 17(1), pages 71-76.
    8. Ramsey, Steven M. & Bergtold, Jason S. & Heier Stamm, Jessica, 2018. "An Artificial Neural Network Approach to Acreage-Share Modeling," 2018 Annual Meeting, August 5-7, Washington, D.C. 274395, Agricultural and Applied Economics Association.
    9. A. Farhad Chowdhury, 2002. "The impact of the acreage allotment program on rice farming," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 8(1), pages 49-57, February.
    10. D. V. Dlamini* & S. G. Dlamini & D. Akelrele & Q. Jele, 2019. "The Influence of Price and Non-Price Factors on Acreage Response of Maize in Eswatini," Journal of Agriculture and Crops, Academic Research Publishing Group, vol. 5(3), pages 38-42, 03-2019.
    11. Krause, Joyce Hall & Brorsen, B. Wade, 1995. "Outcomes of government corn support policies under alternate assumptions of risk," Journal of Policy Modeling, Elsevier, vol. 17(3), pages 279-291, June.
    12. Hall, Joyce A. & Brorsen, B. Wade, 1989. "The Policy Implications of Corn and Soybean·Supply Response to Risk," 1989 Annual Meeting, July 30-August 2, Baton Rouge, Louisiana 270502, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    13. Tonshia Luster & Andrew Barkley, 2011. "The Economic Determinants of the Number of Minority Farmers in the Southeast Region of the United States, 1969-1997," The Review of Black Political Economy, Springer;National Economic Association, vol. 38(1), pages 83-101, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bailey, Kenneth W. & Womack, Abner W., 1985. "Wheat Acreage Response: A Regional Econometric Approach," CNFAP Staff Reports 244132, Food and Agricultural Policy Research Institute (FAPRI).
    2. Langley, James A., 1983. "Regional acreage response functions for major US field crops: estimation and policy implications," ISU General Staff Papers 198301010800008678, Iowa State University, Department of Economics.
    3. Shideed, Kamil H. & White, Fred C. & Brannen, Stephen J., 1987. "The Responsiveness Of U.S. Corn And Soybean Acreages To Conditional Price Expectations: An Application To The 1985 Farm Bill," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 19(2), pages 1-9, December.
    4. Chavas, Jean-Paul & Pope, Rulon D. & Kao, Robert S., 1983. "An Analysis Of The Role Of Futures Prices, Cash Prices And Government Programs In Acreage Response," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 8(1), pages 1-7, July.
    5. Holt, Matthew T., 1989. "Risk, Rational Expectations, and Price Stabilization in the U.S. Corn Market," Staff Papers 200480, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    6. Liu, Hsiang-Hsi, 1983. "An annual simultaneous equation econometric model of U.S. corn and soybean cash and futures markets," ISU General Staff Papers 198301010800009935, Iowa State University, Department of Economics.
    7. Chembezi, Duncan M. & Womack, Abner W., 1992. "Regional Acreage Response For U.S. Corn And Wheat: The Effects Of Government Programs," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 24(1), pages 1-12, July.
    8. Gallagher, Paul & Green, Robert C., 1984. "A Cropland Use Model: Theory And Suggestions For Estimating Planted Acreage Response," Staff Reports 277586, United States Department of Agriculture, Economic Research Service.
    9. Shideed, Kamil H. & White, Fred C. & Brannen, Stephen J., 1987. "Alternative Procedures For The Formation Of Price Expectations In Supply Response Analysis: An Application To U.S. Corn Acreage," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 269926, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. Jean-Paul Chavas & Matthew T. Holt, 1990. "Acreage Decisions Under Risk: The Case of Corn and Soybeans," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(3), pages 529-538.
    11. Evans, R. Samuel & Kenyon, David E., 1974. "Regional Soybean Acreage Response Analysis and Projections for 1974," Miscellaneous Publications 327162, United States Department of Agriculture, Economic Research Service.
    12. John C. Quiggin, 1983. "Underwriting Agricultural Commodity Prices," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 27(3), pages 200-211, December.
    13. Fraser, Rob W., 1988. "A Method For Evaluating Supply Response To Price Underwriting," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 32(1), pages 1-15, April.
    14. Jingdong Li & Weidong Liu & Zhouying Song, 2020. "Sustainability of the Adjustment Schemes in China’s Grain Price Support Policy—An Empirical Analysis Based on the Partial Equilibrium Model of Wheat," Sustainability, MDPI, vol. 12(16), pages 1-22, August.
    15. R.W. Fraser, 1991. "Price‐Support Effects On Ec Producers," Journal of Agricultural Economics, Wiley Blackwell, vol. 42(1), pages 1-10, January.
    16. Lin, Chien-Pang & Barkley, Andrew P., 1997. "Declining Commodity Program Payments and Enhanced Environmental Regulations: Impacts on Acreage Allocation in the Great Plains," 1997 Annual Meeting, July 13-16, 1997, Reno\ Sparks, Nevada 35932, Western Agricultural Economics Association.
    17. Holt, Matthew T., 1991. "A Multi-Market Bounded Prices Model Under Rational Expectations: The Case of Corn and Soybeans in the U.S," 1991 Annual Meeting, August 4-7, Manhattan, Kansas 271199, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    18. Holt, Matthew T., 1989. "A Multi-Market Rational Expectation Model with Bounded Prices: The Case of Corn and Soybeans in the U.S," Staff Papers 200485, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    19. Denbaly, Massoud Said Mark, 1984. "U. S. monetary policy and the exchange rate: effects on the world coarse grain market," ISU General Staff Papers 198401010800008753, Iowa State University, Department of Economics.
    20. Griffiths, William E. & Anderson, Jock R., 1978. "Specification Of Agricultural Supply Functions - Empirical Evidence On Wheat In Southern N.S.W," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 22(2-3), pages 1-14, August.

    More about this item

    Keywords

    Crop Production/Industries;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:sojoae:29977. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/saeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.