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A Simulation Model of United States Sugar Beet Acreage Response

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  • Wallace, Henry N.
  • Carman, Hoy F.

Abstract

U.S. sugar beet acreage varies considerably as producers adjust to expected prices of sugar beets and alternative crops. This paper discusses the specification of a regional supply response simulation model and presents estimated supply elasticities. The model is used to project regional sugar beet acreage to 1990 under three alternative scenarios.

Suggested Citation

  • Wallace, Henry N. & Carman, Hoy F., 1979. "A Simulation Model of United States Sugar Beet Acreage Response," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 278273, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea79:278273
    DOI: 10.22004/ag.econ.278273
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    References listed on IDEAS

    as
    1. Jesse, Edward V. & Zepp, Glenn A., 1977. "Beet Sugar Supply Response in the United States," Agricultural Economic Reports 307658, United States Department of Agriculture, Economic Research Service.
    2. Marc Nerlove & William Addison, 1958. "Statistical Estimation of Long-Run Elasticities of Supply and Demand," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 40(4), pages 861-880.
    3. Just, Richard E., 1974. "Econometric Analysis of Production Decisions with Government Intervention: The Case of the California Field Crops," Monographs, University of California, Davis, Giannini Foundation, number 251950, December.
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