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A Price and Yield Environmental Simulator Based on Historical Data

Author

Listed:
  • Harrison, Virden L.
  • Morris, W. H. M.

Abstract

Excerpt from the paper: In studies of farm and non-farm firms involving more than one year in the analysis, the problem of obtaining an appropriate series of prices and yields for all enterprises is acute. This paper describes (1) a method of establishing a price, yield, and cost environment for projecting into the future the historical relation among as many crop and livestock enterprises as are desired and (2) a formula by which a second set of price, yield, and cost data may be obtained which deviates from the first set with a specified statistical precision.

Suggested Citation

  • Harrison, Virden L. & Morris, W. H. M., "undated". "A Price and Yield Environmental Simulator Based on Historical Data," Miscellaneous Publications 329852, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:329852
    DOI: 10.22004/ag.econ.329852
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