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Alternative Forms Of Price Expectations In Supply Analysis For U.S. Corn And Soybean Acreages

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  • Shideed, Kamil H.
  • White, Fred C.

Abstract

The consequences of frequently used price expectation models are analyzed by comparing the responsiveness of U.S. corn and soybean acreages to six alternative formulations. The trade-off between bias and variance associated with these forecasts is investigated. The results of this study have important implications for future research on supply analysis.

Suggested Citation

  • Shideed, Kamil H. & White, Fred C., 1989. "Alternative Forms Of Price Expectations In Supply Analysis For U.S. Corn And Soybean Acreages," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 14(2), pages 1-12, December.
    • Handle: RePEc:ags:wjagec:32351
    DOI: 10.22004/ag.econ.32351
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    References listed on IDEAS

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    Crop Production/Industries;

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