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Estimation Of Wheat Acreage Response Functions For The Northwest

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  • Winter, John R.
  • Whittaker, James K.

Abstract

Acreage response functions for wheat are fitted to aggregate data and pooled time-series and cross-sectional data for the Northwest. It was hypothesized that the pooled data approach provides a useful alternative to using aggregate data since it requires fewer timer-series observations for reliable parameter estimation and it does not require the assumption of constant acreage response elasticities throughout the region. The results of this study verify this hypothesis as well as indicate that regional response elasticities for Northwest wheat acreage may differ greatly from national estimates.

Suggested Citation

  • Winter, John R. & Whittaker, James K., 1979. "Estimation Of Wheat Acreage Response Functions For The Northwest," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 4(2), pages 1-6, December.
    • Handle: RePEc:ags:wjagec:32296
    DOI: 10.22004/ag.econ.32296
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    References listed on IDEAS

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    1. Danin, Yigal, 1976. "A Simple Analysis Of Acreage Response To Some Agricultural Programs," Staff Papers 13889, University of Minnesota, Department of Applied Economics.
    2. Richard E. Just, 1974. "An Investigation of the Importance of Risk in Farmers' Decisions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(1), pages 14-25.
    3. Russell Lidman & D. Lee Bawden, 1974. "The Impact of Government Programs on Wheat Acreage," Land Economics, University of Wisconsin Press, vol. 50(4), pages 327-335.
    4. William Lin, 1977. "Measuring Aggregate Supply Response under Instability," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(5), pages 903-907.
    5. Richard E. Just, 1973. "A Methodology for Investigating the Importance of Government Intervention in Farmers' Decisions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 55(3), pages 441-452.
    6. Hoffman, Robert G., 1973. "Wheat -- Regional Supply Analysis," Miscellaneous Publications 324762, United States Department of Agriculture, Economic Research Service.
    7. Lin, William, 1977. "Measuring Aggregate Supply Response Under Instability," 1977 AAEA-WAEA Joint Meeting, July 31-August 3, San Diego, California 283678, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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    Cited by:

    1. Wann, Joyce Jong-Wen & Fletcher, Stanley M., 1985. "Alternative Representations Of Risk In Econometric Models Of Supply: A Case Of Soybeans In The Southern Region," 1985 Annual Meeting, August 4-7, Ames, Iowa 278550, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Liu, Zong-Shin, 1989. "Monetary policy, exchange rate, and effects on US wheat trade and domestic market in an imperfect competition framework," ISU General Staff Papers 1989010108000010216, Iowa State University, Department of Economics.
    3. 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.

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