Work

The Effect of Government Programs on Acreage Response Over Time: the Case of Corn Production in Iowa

Year: 1989

Type: article

Abstract: Corn acreage response in Iowa is examined using a time-varying parameter regression model. Separate estimates of the permanent portion of the parameter vector are obtained for each year over the period 1957-82. The estimated elasticities are grouped into "program" and "nonprogram" periods. The results indicate corn acreage response is more own-price elastics, and the elasticity is less variable under government acreage control programs than under a "nonprogram" regime. The assumption of parameter constancy is shown to be inappropriate for modeling Iowa corn acreage response over time.

Source: RePEc: Research Papers in Economics

DOI: 10.22004/ag.econ.32462

Authors: McIntosh, Christopher S., Shideed, Kamil H.

Language: English

Topic: Agricultural economics and policies

Subfield: Safety Research

Field: Social Sciences

Domain: Social Sciences

SDG: Zero hunger

Open Access status: green

OpenAlex ID: W1535917997

FWCI: 8.876

Cites: 11

Cited by: 25

Related to: 10