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Regional Cotton Acreage Response

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  • Duffy, Patricia A.
  • Richardson, James W.
  • Wohlgenant, Michael K.

Abstract

An econometric model of cotton acreage response was estimated for four distinct production regions in the United States. This work builds on previous work in the area of supply response under government farm programs and provides up-to-date regionalized estimates of own-price elasticity of cotton acreage supply. The own-price variable used in this study is a weighted combination of expected market price and government policy variables. Results indicate regional similarity in response to own price but differences with respect to the prices of alternative enterprises. Differences in regional response to paid diversion are also indicated.

Suggested Citation

  • Duffy, Patricia A. & Richardson, James W. & Wohlgenant, Michael K., 1987. "Regional Cotton Acreage Response," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 19(01), July.
  • Handle: RePEc:ags:sojoae:29315
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    References listed on IDEAS

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    1. Houck, James P., 1976. "Analyzing the Impact of Government Programs on Crop Acreage," Technical Bulletins 158119, United States Department of Agriculture, Economic Research Service.
    2. Gordon C. Rausser & Richard E. Just, 1981. "Principles of policy modeling in agriculture," Proceedings – Rural and Agricultural Conferences, Federal Reserve Bank of Kansas City, pages 139-178.
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    Cited by:

    1. Ahouissoussi, Nicolas B. C. & McIntosh, Christopher S. & Wetzstein, Michael E., 1995. "Rational Expectations Estimation of Georgia Soybean Acreage Response," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 27(02), pages 500-509, December.
    2. Shui, Shangnan & Wohlgenant, Michael K. & Beghin, John C., 1993. "Policy Implications of Textile Trade Management and the U.S. Cotton Industry," Agricultural and Resource Economics Review, Cambridge University Press, vol. 22(01), pages 37-47, April.
    3. Houston, Jack E. & McIntosh, Christopher S. & Stavriotis, Paul A. & Turner, Steven C., 1999. "Leading Indicators Of Regional Cotton Acreage Response: Structural And Time Series Modeling Results," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 31(03), December.
    4. Tareen, Irfan Y. & Gunter, Lewell F. & Bramblett, Jimmy & Wetzstein, Michael E., 2002. "Slippage In Forecasting Irrigation Water Demand: An Application To The Georgia Flint River Basin," 2002 Annual meeting, July 28-31, Long Beach, CA 19852, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Tribble, Camille M. & McIntosh, Christopher S. & Wetzstein, Michael E., 1999. "Georgia Cotton Acreage Response To The Boll Weevil Eradication Program," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 31(03), December.
    6. Duffy, Patricia A. & Wohlgenant, Michael K., 1991. "Effects of an Export Subsidy on the U.S. Cotton Industry," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 23(02), pages 1-8, December.
    7. Anthony Becker & Rebecca Judge, 2014. "Evidence of Distortionary Effects of Decoupled Payments in U.S. Indica Rice Production," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 42(3), pages 265-275, September.
    8. Tronstad, Russell & Bool, Romilee, 2010. "U.S. Cotton Acreage Response Due to Subsidized Crop Insurance," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61455, Agricultural and Applied Economics Association.
    9. Duffy, Patricia A. & Shalishali, Kasazi & Kinnucan, Henry W., 1994. "Acreage Response Under Farm Programs For Major Southeastern Field Crops," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 26(02), December.
    10. Parrott, Scott D. & McIntosh, Christopher S., 1996. "Nonconstant Price Expectations And Acreage Response: The Case Of Cotton Production In Georgia," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 28(01), July.
    11. Stavriotis, Paul A. & Houston, Jack E. & McIntosh, Christopher S. & Turner, Steven C., 1998. "Leading Indicators For Regional Cotton Response: Structural And Time Series Modeling Results," Faculty Series 16717, University of Georgia, Department of Agricultural and Applied Economics.
    12. McIntosh, Christopher S. & Williams, Albert A., 1992. "Multiproduct Production Choices And Pesticide Regulation In Georgia," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 24(01), pages 135-144, July.
    13. McIntosh, Christopher S. & Shumway, C. Richard, 1994. "Evaluating alternative price expectation models for multiproduct supply analysis," Agricultural Economics, Blackwell, vol. 10(1), pages 1-11, January.
    14. Tronstad, Russell & Emerick, Ma. Romilee & Sall, Ibrahima, 2014. "U.S. Cotton Acreage Response to Subsidized Crop Insurance, 1995 to 2011," 2014 AAEA: Crop Insurance and the 2014 Farm Bill Symposium: Implementing Change in U.S. Agricultural Policy, October 8-9, Louisville, KY 184157, Agricultural and Applied Economics Association.
    15. Salassi, Michael E., 1995. "The Responsiveness Of U.S. Rice Acreage To Price And Production Costs," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 27(02), December.
    16. Kropp, Jaclyn, 2015. "Potential Distortionary Effects of Relocating Generic Base Acres," 2015 Annual Meeting, January 31-February 3, 2015, Atlanta, Georgia 196855, Southern Agricultural Economics Association.
    17. Agbola, Frank W. & Evans, Nigel, 2012. "Modelling rice and cotton acreage response in the Murray Darling Basin in Australia," Agricultural Systems, Elsevier, vol. 107(C), pages 74-82.
    18. Smith, Rachel K. & Duffy, Patricia A. & Novak, James L. & Wilson, Norbert L.W., 2009. "Supply Response of Crops in the Southeast," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 46756, Southern Agricultural Economics Association.
    19. Cooke, Stephen C. & Sundquist, W. Burt, 1991. "Measuring And Explaining The Decline In U.S. Cotton Productivity Growth," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 23(01), July.
    20. Flanders, Archie, 2014. "Stocks-to-Use Response for Acreage Allocation of Arkansas Field Crops," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers.

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    Keywords

    Crop Production/Industries;

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