Agriculture and Changing Natural Gas Prices

Burton C. English, George E. Oamek, Earl O. Heady
October 1983  [83-WP 10]

For the period of analysis, 1982 through 1987, the impacts on agriculture that result from increasing natural gas prices are examined. Two types of models are used in the analysis -- econometric and linear programming. These models are linked together so that a short-run multi-period analysis can be conducted. The econometric model represents national demand for agricultural commodities and projects next year's price while the linear programming component is an agricultural supply model.

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