Wheat Acreage Supply Response under Changing Farm Programs

B. J. Morzuch, Robert D. Weaver, P. G. Helmberger

Research output: Contribution to journalArticle

21 Citations (Scopus)

Abstract

Planted wheat acreage supply elasticities are estimated for each of several leading wheat-producing states. Estimates of elasticities for the aggregate of these states are 0.77, 0.45, and 0.52 for spring wheat, winter wheat, and ali wheat, respectively, but there is considerable heterogeneity among states. Acreage allotments and marketing quotas appear to have destroyed the role of prices in allocating acreage between wheat and other crops during the years 1950 and 1954–64. Estimates were obtained using multiple regression analysis of time-series data for the period 1948–74. This period was subdivided in order to take account of changing farm programs.

Original languageEnglish (US)
Pages (from-to)29-37
Number of pages9
JournalAmerican Journal of Agricultural Economics
Volume62
Issue number1
DOIs
StatePublished - Jan 1 1980

Fingerprint

farm programs
Triticum
wheat
supply elasticities
Elasticity
elasticities
crop year
spring wheat
winter wheat
marketing
time series analysis
regression analysis
Marketing
Farms
Farm
Supply response
Wheat
Regression Analysis

All Science Journal Classification (ASJC) codes

  • Agricultural and Biological Sciences (miscellaneous)
  • Economics and Econometrics

Cite this

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Wheat Acreage Supply Response under Changing Farm Programs. / Morzuch, B. J.; Weaver, Robert D.; Helmberger, P. G.

In: American Journal of Agricultural Economics, Vol. 62, No. 1, 01.01.1980, p. 29-37.

Research output: Contribution to journalArticle

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