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Cost Efficiency In U.S. Corn, Soybean, Wheat, and Cotton Production

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  • Cooke, Stephen C.

Abstract

Between 1974 and 1983, intertemporal cost efficiency for u.s. field crops increased about 1.4 to 1.2% percent for corn, soybeans, and wheat and .2% per year for cotton. competitive advantage in 1983 was held by central Illinois and north central Iowa in corn, central Illinois in soybeans, the Washington Palouse and central North Dakota in wheat, and southern California in cotton relative to the other selected regions in the study. Scale economies exist in corn, soybean and wheat but not in cotton production.

Suggested Citation

  • Cooke, Stephen C., 1991. "Cost Efficiency In U.S. Corn, Soybean, Wheat, and Cotton Production," A.E. Research Series 140529, University of Idaho, Department of Agricultural Economics and Rural Sociology.
    • Handle: RePEc:ags:uidaer:140529
    DOI: 10.22004/ag.econ.140529
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    References listed on IDEAS

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    1. Thirtle, Colin G., 1985. "Technological Change and the Productivity Slowdown in Field Crops: United States, 1939-78," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 17(2), pages 33-42, December.
    2. Diewert, W. E., 1976. "Exact and superlative index numbers," Journal of Econometrics, Elsevier, vol. 4(2), pages 115-145, May.
    3. Chan, M W Luke & Mountain, Dean C, 1983. "Economies of Scale and the Tornqvist Discrete Measure of Productivity Growth," The Review of Economics and Statistics, MIT Press, vol. 65(4), pages 663-667, November.
    4. Thirtle, Colin G., 1985. "Technological Change And The Productivity Slowdown In Field Crops: United States, 1939-78," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 17(2), pages 1-10, December.
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