Hostname: page-component-669899f699-swprf Total loading time: 0 Render date: 2025-04-25T11:30:53.873Z Has data issue: false hasContentIssue false
  • English
  • Français

Supply Relationships in the South—What have we Learned?

Published online by Cambridge University Press:  28 April 2015

C. Richard Shumway
C. Richard Shumway*
Affiliation:
Department of Agricultural Economics, Texas A & M University
Get access Rights & Permissions [Opens in a new window]

Extract

Accurate estimation of the responsiveness of agricultural commodity supplies is vitally important. Government policy negotiations rely on supply estimates in predicting both commodity and intercommodity effects of changing programs and in anticipating their consequent social benefits and costs. Individual farmers and agribusiness firms need them and associated price predictions in making investment and production decisions.

Type
Invited Papers and Discussions
Information
Journal of Agricultural and Applied Economics , Volume 18 , Issue 1 , July 1986 , pp. 11 - 20
Copyright
Copyright © Southern Agricultural Economics Association 1986

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Article purchase

Temporarily unavailable

References

Angirasa, A. K., Shumway, C. R., Nelsen, T. C., and Cartwright, T. C.. “Integration, Risk, and Supply Response: A Simulation and Linear Programming Analysis of an East Texas Cow-Calf Producer.” So. J. Agr. Econ., 13,1(1981):89–98.Google Scholar
Askari, H. and Cummings, J. T.. “Estimating Agricultural Supply Response with the Nerlove Model: A Survey.” International Econ. Rev., 18(June, 1977):257–292.CrossRefGoogle Scholar
Brennan, M. J. “Changes in Cotton Acreage in the Southeast: Implications for Supply Functions.” J. Farm Econ., 40(November 1958):835–844.CrossRefGoogle Scholar
Garcia, P., Sonka, S. T., and Yoo, M. S.. “Farm Size, Tenure, and Economic Efficiency in a Sample of Illinois Grain Farms.” Amer. J. Agr. Econ., 64,1(1982): 119–123.CrossRefGoogle Scholar
Grant, W. R., Beach, J., and Lin, W.. Factors Affecting Supply, Demand, and Prices of U. S. Rice. USDA ERS Staff Report No. AGES840803; October, 1984.Google Scholar
Halvorson, H. W. “The Supply Elasticity of Milk in the Short-Run.” J. Farm Econ., 37(December, 1955): 1,186–1,196.CrossRefGoogle Scholar
Hammig, M. D. “Regional Acreage Response by Quarter for Fresh Tomatoes: An Example of the Use of Mixed Estimation.” So. J. Agr. Econ., 11,2(1979):69–74.Google Scholar
Houck, J. P. and Subotnik, A.. “The U. S. Supply of Soybeans: Regional Acreage Functions.” Agr. Econ. Research, 21(October 1969):99–108.Google Scholar
Lange, M. and Ojemakinde, A.. “Agricultural Input Demands and Elasticities of Substitution in Louisiana.” Unpublished manuscript, Department of Agricultural Economics and Agribusiness, Louisiana State University; September, 1985.Google Scholar
Morzuch, B. J., Weaver, R. D., and Helmberger, P. G.. “Wheat Acreage Supply Response under Changing Farm Programs.” Amer. J. Agr. Econ., 62, 1 (1980):29–37.CrossRefGoogle Scholar
Nerlove, M. and Addison, W.. “Statistical Estimation of Long-Run Elasticities of Supply and Demand.” J. Farm Econ., 40(November, 1958):961–980.Google Scholar
Nix, J. E., Martin, N. R., and Hubbard, J. W.. “An Enterprise Competition Analysis of Beef Production in the South.” So. J. Agr. Econ., 7,2(1975): 95–103.Google Scholar
Penn, J. B. and Irwin, G. D.. “A Simultaneous Equation Approach to Production Response: Delta Region.” So. J. Agr. Econ., 3, 2 (1971):115–121.Google Scholar
Ray, S. C. “A Translog Cost Function Analysis of U. S. Agriculture, 1939-77.” Amer. J. Agr. Econ., 64,3(1982):490–498.CrossRefGoogle Scholar
Reed, M. R. and Riggins, S. K.. “A Disaggregated Analysis of Corn Acreage Response in Kentucky.” Amer. J. Agr. Econ., 63,4(1981):708–711.CrossRefGoogle Scholar
Reid, D. W. and Reed, M. R.. “An Analysis of the Southeastern Feeder Pig Market.” So. J. Agr. Econ., 14,2(1982):97–100.Google Scholar
Shonkwiler, J. S. and Emerson, R. D.. “Imports and the Supply of Winter Tomatoes: An Application of Rational Expectations.” Amer. J. Agr. Econ., 64,4(1982):634–641.CrossRefGoogle Scholar
Shonkwiler, J. S. and Pagoulatos, E.. “A Model of Weekly Price Discovery for Florida Celery.” So. J. Agr. Econ., 12,1(1980):113–118.Google Scholar
Shumway, C. R. “Supply, Demand, and Technology in a Multiproduct Industry: Texas Field Crops.” Amer. J. Agr. Econ., 65,4(1983):748–760.CrossRefGoogle Scholar
Shumway, C. R. and Powell, A. A.. “A Critique of the Constant Elasticity of Transformation (CET) Linear Supply System.” Western J. Agr. Econ., 9(December, 1984):314–321.Google Scholar
Talpaz, H., Alexander, W. P., and Shumway, C. R.. “Estimation of Systems of Equations Subject to Curvature Constraints.” Unpublished manuscript, Department of Agricultural Economics, Texas A & M University; December, 1985.Google Scholar
Taylor, T. G. and Shonkwiler, J. S.. “Interdependent Supply Functions and Revisional Price Expectations.” Canadian J. Agr. Econ., forthcoming.Google Scholar
Wall, G. B. and Tilley, D. S.. “Production Responses and Price Determination in the Florida Watermelon Industry.” So. J. Agr. Econ., 11,1(1979):153–156.Google Scholar
Weaver, R. D. “Multiple Input, Multiple Output Production Choices and Technology in the U. S. Wheat Region.” Amer. J. Agr. Econ., 65,1(1983):45–56.CrossRefGoogle Scholar