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Modeling Supply Response In A Multiproduct Framework Revisited: The Nexus Of Empirics And Economics

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  • Ball, V. Eldon
  • Moss, Charles B.
  • Erickson, Kenneth W.
  • Nehring, Richard F.

Abstract

This paper models supply response in U.S. agriculture using disaggregated output data and tests statistically key assumptions traditionally maintained in agricultural supply studies. Following Vasavada and Chambers; Shumway; and Ball, we use U.S.-level data, 1948-1999 to estimate a multiproduct supply response model for U.S. agriculture, and report our preliminary results.

Suggested Citation

  • Ball, V. Eldon & Moss, Charles B. & Erickson, Kenneth W. & Nehring, Richard F., 2003. "Modeling Supply Response In A Multiproduct Framework Revisited: The Nexus Of Empirics And Economics," 2003 Annual meeting, July 27-30, Montreal, Canada 21981, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea03:21981
    DOI: 10.22004/ag.econ.21981
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