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Agricultural Diversity And Cash Receipt Variability For Individual States

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  • Tauer, Loren W.
  • Seleka, Tebogo B.

Abstract

Changes in individual states' agricultural production diversity and variance of cash receipts were measured over the 30-year period 1960 through 1989. Diversity was measured using a general index, of which the inverse Herfindahl and the Entropy are special cases. Cash receipt variability was measured using a heteroscedasticity correction process. Although 38 states experienced an increase in cash receipt variability, only 14 states also experienced a decrease in diversification. Thus, it appears that an increase in cash receipt variability was not due to reduction in diversification for most states.
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Suggested Citation

  • Tauer, Loren W. & Seleka, Tebogo B., 1993. "Agricultural Diversity And Cash Receipt Variability For Individual States," Research Bulletins 123013, Cornell University, Department of Applied Economics and Management.
    • Handle: RePEc:ags:cudarb:123013
    DOI: 10.22004/ag.econ.123013
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    1. Leslie Hannah & J. A. Kay, 1977. "Concentration in Modern Industry," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-02773-6, July.
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    3. Reed, Michael R. & Marchant, Mary A., 1992. "The Global Competitiveness Of The U.S. Food-Processing Industry," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 21(01), pages 1-10, April.
    4. Sommer, Judith E. & Hines, Fred K., 1991. "Diversity in U.S. Agriculture: A New Delineation by Farming Characteristics," Agricultural Economic Reports 308152, United States Department of Agriculture, Economic Research Service.
    5. Just, Richard E. & Pope, Rulon D., 1978. "Stochastic specification of production functions and economic implications," Journal of Econometrics, Elsevier, vol. 7(1), pages 67-86, February.
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    2. Ali, Mubarik & Farooq, Umar, 2004. "Dietary Diversity And Rural Labor Productivity: Evidence From Pakistan," 2004 Annual meeting, August 1-4, Denver, CO 20310, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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