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Soybean producers participate in a checkoff program to support research and market development activities. Checkoff funds are used for both yield-enhancing and cost-reducing production research. Using USDA cost-of-production data and a regional modeling framework with greater model pretest...
Persistent link: https://www.econbiz.de/10005484240
Because so much agricultural policy analysis utilizes estimates of supply and demand elasticities, it is crucial to obtain the most reliable estimates possible. Where reliability cannot be adequately assessed, the sensitivity of elasticities to equally plausible a priori specifications should at...
Persistent link: https://www.econbiz.de/10005484311
Persistent link: https://www.econbiz.de/10010909796
This article examines factors driving technical change, technical efficiency, and scale and mix efficiency – all components of total factor productivity – in U.S. agriculture. We use economic theory and previous literature to identify explanatory variables affecting each component and...
Persistent link: https://www.econbiz.de/10011068985
Persistent link: https://www.econbiz.de/10008682715