STRUCTURE OF SOUTH CENTRAL AGRICULTURAL PRODUCTION

Using a dual economic specification of a multiproduct technology, the structure of agricultural production was tested for five South Central states (Texas, Oklahoma, Arkansas, Mississippi, and Louisiana). A comprehensive set of output supplies and input demands comprised the estimation equations in each state. Evidence of nonjoint production in a subset of commodities was detected in four of the five states. Several commodities also satisfied sufficient conditions for consistent aggregations. However, the specific outputs satisfying each structural property varied by state. Sufficient conditions for consistent geographic aggregation across the states were not satisfied. These results provide empirical guidance and important cautions for legitimately simplifying state-level model specifications of southern agricultural production.


Issue Date:
1990-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/30008
Published in:
Southern Journal of Agricultural Economics, Volume 22, Number 2
Page range:
153-163
Total Pages:
11




 Record created 2017-04-01, last modified 2017-08-24

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