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Modelling Acreage Response in a Controlled but Uncertain Market

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  • Chambers, Robert G.
  • Just, Richard E.

Abstract

Since the advent of Roosevelt's New Deal programs of the 1930s, the U.S. farm sector has, in many circumstances, been very, closely regulated. Yet there appears to be a relative dearth of literature on the direct effect of regulation on the farm sector and U.S. agriculture in general. Perhaps the most pervasive type of regulation is the commodity specific adjustment program. Between 1945 and 1975, at least six major crops (wheat, corn, cotton, rice, peanuts and tobacco) were subjected to some type of production adjustment program.

Suggested Citation

  • Chambers, Robert G. & Just, Richard E., 1981. "Modelling Acreage Response in a Controlled but Uncertain Market," 1981 Annual Meeting, July 26-29, Clemson, South Carolina 279410, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea81:279410
    DOI: 10.22004/ag.econ.279410
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    References listed on IDEAS

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    1. Fuss, Melvyn & McFadden, Daniel (ed.), 1978. "Production Economics: A Dual Approach to Theory and Applications," Elsevier Monographs, Elsevier, edition 1, number 9780444850133.
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    Crop Production/Industries;

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