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| Ziemer, Rod F.; Collins, Glenn S.. |
| Agricultural economists have recently been attracted to procedures suggested by Granger and others which allow observed data to reveal causal relationships. Results of this study indicate that "causality" tests can be ambiguous in identifying behavioral relationships between agricultural price variables. Caution is suggested when using such procedures for model choice. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
| Ano: 1984 |
URL: http://purl.umn.edu/29617 |
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| Griffin, Ronald C.; Lacewell, Ronald D.; Collins, Glenn S.. |
| A regional field crop and national livestock econometric model (TECHSIM) is used to examine the impacts of diverting plant oils (cottonseed oil and soybean oil) to use as a diesel fuel replacement. Two scenarios which represented a five and ten percent replacement of agriculture's diesel fuel use (1979) by plant oils are simulated for the period 1982-90. Results show that producers shift into cotton and soybean production and out of corn, small grains, and grain sorghum. Significant price shifts are observed for oilseeds and their meal and oil products. The annual net reduction in monetary measures of welfare is estimated at about $0.5 billion and over $1 billion for replacement of five and ten percent, respectively, of agriculture's diesel fuel use by... |
| Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 1985 |
URL: http://purl.umn.edu/32314 |
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