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A stochastic, dynamic, and control-system econometric model of the wheat sector is developed to assess the effects of the Payment-in Kind program. Empirical results the complex dynamics of the responses. Reduced storage costs and deficiency payments for the U.S. government and increased income...
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Import demand functions for wheat were estimated for seven South American countries in a set of SUR equations. United States shares were estimated by another set. Kravis-Heston-Summers RGDP series adjusted for purchasing power parities were used as income proxies, and border pr1ce deflators were...
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Studies to increase the operating efficiency of packing and processing plants and other establishments that handle farm products have become increasingly important in the marketing research program. These studies have brought to the attention of marketing research people in the Department and...
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