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Alternative Procedures For The Formation Of Price Expectations In Supply Response Analysis: An Application To U.S. Corn Acreage

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  • Shideed, Kamil H.
  • White, Fred C.
  • Brannen, Stephen J.

Abstract

This study analyzes the consequences of frequently used price expectation models by comparing the responsiveness of U.S. corn acreage to six alternative formulations. It analyzes the tradeoff between bias and variance associated with these forecasts. The results of this study have important implications for future research on supply analysis

Suggested Citation

  • Shideed, Kamil H. & White, Fred C. & Brannen, Stephen J., 1987. "Alternative Procedures For The Formation Of Price Expectations In Supply Response Analysis: An Application To U.S. Corn Acreage," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 269926, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea87:269926
    DOI: 10.22004/ag.econ.269926
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    References listed on IDEAS

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