Data/hora: 03/06/2024 10:14:14

Provedor de dados: | 31
País: | United States
Título: | ACREAGE RESPONSE, EXPECTED PRICE FUNCTIONS, AND ENDOGENOUS PRICE EXPECTATIONS
Autores: | Choi,   Jung-Sup; Helmberger,   Peter G.
Data: | 2003-12-19
Ano: | 1993
Palavras-chave: | Crop Production/Industries.
Resumo: | Taking the price of futures as a proxy for expected price, this article treats acreage planted to soybean, the price of futures, and other variables as jointly dependent. A futures price equation is embedded in a simultaneous equations model along with the consumption demand and acreage response. The model is estimated using both ordinary and three-stage least squares. Estimated price elasticities for consumption demand, demand for stocks, and acreage response equal, respectively, -.5, -1.8, and +.2 (short run) and +.59 (long run).
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

11494

http://purl.umn.edu/30812

Editor: | AgEcon Search
Relação: | Journal of Agricultural and Resource Economics&gt;Volume 18, Number 01, July 1993

Formato:

10

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