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Globally Flexible Modeling of County-Level Acreage Response for Primary U.S. Field Crops

Author

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  • Cooper, Joseph C.
  • Arnade, Carlos Anthony

Abstract

This study takes the standard acreage response model that stems from an expected utility framework, accounting for both price and yield variability, and nests it within a flexible semi-nonparametric (SNP) model consistent with farm-level decision models for computationally tractable results. We use county-level data to estimate the response of farmers’ planting preferences to changes in revenue and other variables.

Suggested Citation

  • Cooper, Joseph C. & Arnade, Carlos Anthony, 2011. "Globally Flexible Modeling of County-Level Acreage Response for Primary U.S. Field Crops," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103240, Agricultural and Applied Economics Association.
  • Handle: RePEc:ags:aaea11:103240
    DOI: 10.22004/ag.econ.103240
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    File URL: https://ageconsearch.umn.edu/record/103240/files/AAEA_2011_poster_13090.pdf
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    Cited by:

    1. Ifft, Jennifer & Cooper, Joseph C. & Kuethe, Todd H., 2012. "The Impact of Risk and Farm Program Design on Cash Rents," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124334, Agricultural and Applied Economics Association.

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