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How Cotton Acreage, Yield, And Production Respond To Price Changes

Author

Listed:
  • Evans, Sam
  • Bell, Thomas M.

Abstract

Regional upland cotton acreage and yield response equation. were estimated by ordinary least squares. Cotton production response to price is shown to depend upon the relative responses of acreage to price, yield to price, and yield to acreage. Exam. pies appear of ways the analysis may be used to help policymakers decide on price support and acreage control levels. Traditionally, percentage changes in acreage have been equated with percentage changes in production. However, it is shown that a 13-pcrcent change in cotton acreage harvested may be required to change production by 10 percent.

Suggested Citation

  • Evans, Sam & Bell, Thomas M., 1978. "How Cotton Acreage, Yield, And Production Respond To Price Changes," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 30(2), pages 1-6, April.
  • Handle: RePEc:ags:uersja:148266
    DOI: 10.22004/ag.econ.148266
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    Citations

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    Cited by:

    1. Collins, Keith J. & Evans, Robert B. & Barry, Robert D., 1979. "World Cotton Production and Use: Projections for 1985 and 1990," Foreign Agricultural Economic Report (FAER) 146889, United States Department of Agriculture, Economic Research Service.
    2. Darren Hudson & Don Ethridge, 1999. "Export taxes and sectoral economic growth: evidence from cotton and yarn markets in Pakistan," Agricultural Economics, International Association of Agricultural Economists, vol. 20(3), pages 263-276, May.
    3. Hudson, Darren & Ethridge, Don E., 1998. "The Implications Of An Export Tax On Sectoral Growth: A Case In Pakistan," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20986, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Taylor, C. Robert & Lacewell, Ronald D. & Talpaz, Hovav, 1979. "Use Of Extraneous Information With An Econometric Model To Evaluate Impacts Of Pesticide Withdrawals," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 4(1), pages 1-8, July.
    5. Langley, James A., 1983. "Regional acreage response functions for major US field crops: estimation and policy implications," ISU General Staff Papers 198301010800008678, Iowa State University, Department of Economics.
    6. Gallagher, Paul & Green, Robert C., 1984. "A Cropland Use Model: Theory And Suggestions For Estimating Planted Acreage Response," Staff Reports 277586, United States Department of Agriculture, Economic Research Service.
    7. Neal, Tamera J. & Ethridge, Don E., 1986. "Analysis of Texas High Plains Cotton Yield Trends," Archive 259790, Texas Tech University, Department of Agricultural and Applied Economics.
    8. Liu, Karen, 1981. "Multiple Crop Supply and Factor Demand Component of the World Grains, Oilseeds, and Livestock Model," Staff Reports 276718, United States Department of Agriculture, Economic Research Service.

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