ON MODELING SYSTEMS OF CROP ACREAGE DEMANDS

Barry T. Coyle

41 citations0/0 files storedRePEc: Research Papers in Economics

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Agricultural economics and policies Economics of Agriculture and Food Markets Agricultural Economics and Policy

Abstract

This article presents an alternative approach to the specification of systems of crop acreage responses. Derived demands for acreages of individual crops are specified as conditional on total crop acreage, and related separability and dynamic specifications help to reduce the effects of multicollinearity in the system. A simple econometric model of crop acreage demands for Western Canada illustrates the methodology.

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1961Rational Expectations and the Theory of Price Movements 1980Economics and Consumer Behavior 1967Distributed Lags: A Survey 1990Acreage Decisions Under Risk: The Case of Corn and Soybeans 1956Estimates of the Elasticities of Supply of Selected Agricultural Commodities 1973Functional forms for profit and transformation functions 1977Estimating Agricultural Supply Response with the Nerlove Model: A Survey 1992A Multinomial Extension of the Linear Logit Model

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