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Modeling Perennial Crop Supply: An Illustration From The Pecan Industry

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  • Elnagheeb, Abdelmoneim H.
  • Florkowski, Wojciech J.

Abstract

Two methodological approaches were applied to estimating the number of non-bearing trees in the absence of such date using data for the Southern USA pecan industry. The first approach distinguished between bearing and non-bearing phases of a tree life and directly estimated the number of non-bearing trees. The second focused on indirect estimating of the non-bearing tree number from changes in production. This approach relaxed the assumption of maintaining maximum yields for infinite period as used in earlier studies. Empirical applications used two data sets from the pecan industry. The comparison of empirical results suggested that the first method was more accurate than the alternative approach in predicting the number of newly planted trees over an extended period of time. Additional data collection will allow for further application of available methodology to the pecan industry.

Suggested Citation

  • Elnagheeb, Abdelmoneim H. & Florkowski, Wojciech J., 1993. "Modeling Perennial Crop Supply: An Illustration From The Pecan Industry," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 25(1), pages 1-10, July.
    • Handle: RePEc:ags:joaaec:15191
    DOI: 10.22004/ag.econ.15191
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    References listed on IDEAS

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    1. Ben C. French & Jim L. Matthews, 1971. "A Supply Response Model for Perennial Crops," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(3), pages 478-490.
    2. Ben C. French & Raymond G. Bressler, 1962. "The Lemon Cycle," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 44(4), pages 1021-1036.
    3. Jere R. Behrman, 1968. "Monopolistic Cocoa Pricing," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 50(3), pages 702-719.
    4. Jones, S. A. & Childs, V. C. & Washburn, R. S. & Thibodeaux, B. H. & Park, J. W. & Rutland, H. E., 1932. "An Economic Study of the Pecan Industry," Technical Bulletins 163392, United States Department of Agriculture, Economic Research Service.
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    Cited by:

    1. Roosen, Jutta, 1999. "Economic analysis of pesticide regulation in the U.S. apple industry," ISU General Staff Papers 1999010108000013606, Iowa State University, Department of Economics.
    2. Sande, Doris N. & Mullen, Jeffrey D. & Nzaku, Kilungu, 2009. "Amenity benefits and public policy: An application to the Georgia Pecan Industry," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 46851, Southern Agricultural Economics Association.
    3. Wojciech Florkowski & Camilo Sarmiento, 2005. "The examination of pecan price differences using spatial correlation estimation," Applied Economics, Taylor & Francis Journals, vol. 37(3), pages 271-278.
    4. Fleskens, Luuk & Graaff, Jan de, 2010. "Conserving natural resources in olive orchards on sloping land: Alternative goal programming approaches towards effective design of cross-compliance and agri-environmental measures," Agricultural Systems, Elsevier, vol. 103(8), pages 521-534, October.
    5. Devadoss, Stephen & Luckstead, Jeff, 2010. "An analysis of apple supply response," International Journal of Production Economics, Elsevier, vol. 124(1), pages 265-271, March.

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    Demand and Price Analysis;

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