ALTERNATIVE FORMS OF PRICE EXPECTATIONS IN SUPPLY ANALYSIS FOR U.S. CORN AND SOYBEAN ACREAGES

The consequences of frequently used price expectation models are analyzed by comparing the responsiveness of U.S. corn and soybean acreages to six alternative formulations. The trade-off between bias and variance associated with these forecasts is investigated. The results of this study have important implications for future research on supply analysis.

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Year of publication:	1989
Authors:	Shideed, Kamil H. ; White, Fred C.
Published in:	Western Journal of Agricultural Economics. - Western Agricultural Economics Association - WAEA. - Vol. 14.1989, 02
Publisher:	Western Agricultural Economics Association - WAEA
Keywords:	Crop Production/Industries

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005480971