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Regional Cotton Acreage Response

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  • Duffy, Patricia A.
  • Richardson, James W.
  • Wohlgenant, Michael K.

Abstract

An econometric model of cotton acreage response was estimated for four distinct production regions in the United States. This work builds on previous work in the area of supply response under government farm programs and provides up-to-date regionalized estimates of own-price elasticity of cotton acreage supply. The own-price variable used in this study is a weighted combination of expected market price and government policy variables. Results indicate regional similarity in response to own price but differences with respect to the prices of alternative enterprises. Differences in regional response to paid diversion are also indicated.

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Bibliographic Info

Article provided by Southern Agricultural Economics Association in its journal Southern Journal of Agricultural Economics.

Volume (Year): 19 (1987)
Issue (Month): 01 (July)
Pages:

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Handle: RePEc:ags:sojoae:29315

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Web page: http://www.saea.org/jaae/jaae.htm
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Related research

Keywords: Crop Production/Industries;

References

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  1. Rausser, Gordon C. & Just, Richard E, 1981. "Principles of policy modeling in agriculture," CUDARE Working Paper Series 213, University of California at Berkeley, Department of Agricultural and Resource Economics and Policy.
  2. Houck, James P., 1976. "Analyzing the Impact of Government Programs on Crop Acreage," Technical Bulletins 158119, United States Department of Agriculture, Economic Research Service.
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Citations

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Cited by:
  1. McIntosh, Christopher S. & Williams, Albert A., 1992. "Multiproduct Production Choices And Pesticide Regulation In Georgia," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 24(01), July.
  2. Ahouissoussi, Nicolas B.C. & McIntosh, Christopher S. & Wetzstein, Michael E., 1995. "Rational Expectations Estimation Of Georgia Soybean Acreage Response," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 27(02), December.
  3. 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(02), December.
  4. McIntosh, Christopher S. & Shumway, C. Richard, 1994. "Evaluating alternative price expectation models for multiproduct supply analysis," Agricultural Economics, Blackwell, vol. 10(1), pages 1-11, January.
  5. Houston, Jack E. & McIntosh, Christopher S. & Stavriotis, Paul A. & Turner, Steven C., 1999. "Leading Indicators Of Regional Cotton Acreage Response: Structural And Time Series Modeling Results," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 31(03), December.
  6. Smith, Rachel K. & Duffy, Patricia A. & Novak, James L. & Wilson, Norbert L.W., 2009. "Supply Response of Crops in the Southeast," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 46756, Southern Agricultural Economics Association.
  7. Tareen, Irfan Y. & Gunter, Lewell F. & Bramblett, Jimmy & Wetzstein, Michael E., 2002. "Slippage In Forecasting Irrigation Water Demand: An Application To The Georgia Flint River Basin," 2002 Annual meeting, July 28-31, Long Beach, CA 19852, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  8. Shui, Shangnan & Wohlgenant, Michael K. & Beghin, John C., 1993. "Policy Implications Of Textile Trade Management And The U.S. Cotton Industry," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 22(1), April.
  9. Stavriotis, Paul A. & Houston, Jack E. & McIntosh, Christopher S. & Turner, Steven C., 1998. "Leading Indicators For Regional Cotton Response: Structural And Time Series Modeling Results," Faculty Series 16717, University of Georgia, Department of Agricultural and Applied Economics.
  10. Tribble, Camille M. & McIntosh, Christopher S. & Wetzstein, Michael E., 1999. "Georgia Cotton Acreage Response To The Boll Weevil Eradication Program," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 31(03), December.
  11. Parrott, Scott D. & McIntosh, Christopher S., 1996. "Nonconstant Price Expectations And Acreage Response: The Case Of Cotton Production In Georgia," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 28(01), July.
  12. Cooke, Stephen C. & Sundquist, W. Burt, 1991. "Measuring And Explaining The Decline In U.S. Cotton Productivity Growth," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 23(01), July.
  13. Tronstad, Russell & Bool, Romilee, 2010. "U.S. Cotton Acreage Response Due to Subsidized Crop Insurance," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61455, Agricultural and Applied Economics Association.
  14. Duffy, Patricia A. & Shalishali, Kasazi & Kinnucan, Henry W., 1994. "Acreage Response Under Farm Programs For Major Southeastern Field Crops," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 26(02), December.
  15. Duffy, Patricia A. & Wohlgenant, Michael K., 1991. "Effects Of An Export Subsidy On The U.S. Cotton Industry," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 23(02), December.

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