IDEAS home Printed from https://ideas.repec.org/a/oup/ajagec/v50y1968i1p66-81..html
   My bibliography  Save this article

Simulation as a Method of Appraising Farm Programs

Author

Listed:
  • Fred H. Tyner
  • Luther G. Tweeten

Abstract

Simulation has been used extensively in the management sciences as a complement to more conventional methods of analysis. The procedure has also been applied in analyses of various sectors of the agricultural industry. Simulation can include time lags, nonlinearities, and recursive or reactive effects—without the restrictive assumption of an "optimum" solution. Consequently, it should find increasing application in the study of the effects of farm program alternatives. Simulation is used in this article to portray the workings of an economic model of the U.S. agricultural industry for the years 1930–1960. One simulation describes the levels of key dependent variables throughout the period, as a measure of the model's predictive ability. These results are used to evaluate a second simulation, which assumes no government diversions of commodities or cropland acreage and no payments to farmers.

Suggested Citation

  • Fred H. Tyner & Luther G. Tweeten, 1968. "Simulation as a Method of Appraising Farm Programs," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 50(1), pages 66-81.
    • Handle: RePEc:oup:ajagec:v:50:y:1968:i:1:p:66-81.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1237872
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

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


    Cited by:

    1. Gordon, J. G., 1971. "A Model for Estimating Future Agricultural Acreage and Production in Malawi," Archive 260852, Imperial College at Wye, Department of Agricultural Sciences.

    More about this item

    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:oup:ajagec:v:50:y:1968:i:1:p:66-81.. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.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.