Functional Form and U.S. Agricultural Production Elasticities

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 lea...

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Bibliographic Details
Main Authors: C. Richard Shumway, Hongil Lim
Format: Article
Language:English
Published: Western Agricultural Economics Association 1993-12-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/30959