IDEAS home Printed from https://ideas.repec.org/a/ags/ueraer/140808.html
   My bibliography  Save this article

A Polyperiod Model for Estimating the Supply of Milk

Author

Listed:
  • Cowling, Keith G.
  • Baker, Chester B.

Abstract

The usual linear programming model for estimating supply functions is a single-period one (3).1 The solution for this period is independent of other periods except as their activities and incomes may be reflected in the resource constraints (2). The polyperiod model not only specifies the optimum position toward which the adjustment is presumed to be moving, but also indicates something of the time path and the duration of the adjustment cycle. Methods for developing such a dynamic model are described in this paper. The writers acknowledge the contributions of C W. Crickman and others in the Farm Production Economics Division, Economic Research Service, who participated in the Regional Lake States Dairy Adjustment Study which provided much of the basic data. Valuable comments also were supplied by William Gossling, J. C. Headley, and Earl Swanson, all of the University of Illinois.

Suggested Citation

  • Cowling, Keith G. & Baker, Chester B., 1963. "A Polyperiod Model for Estimating the Supply of Milk," Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, issue 1.
  • Handle: RePEc:ags:ueraer:140808
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/140808
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Colman, David R., 1983. "A Review of the Arts of Supply Response Analysis," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 51(03), December.
    2. Renborg, Ulf, 1970. "Growth of the Agricultural Firm: Problems and Theories," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 38(02), June.

    More about this item

    Keywords

    Production Economics;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:ueraer:140808. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/ersgvus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.