Analysis of Corn and Soybean Supply Response to Changing Government Programs, An
Karl D. Skold, Patrick C. Westhoff
September 1988 [88-WP 34]
Suggested citation:
Skold, K.D. and P.C. Westhoff. 1988. "Analysis of Corn and Soybean Supply Response to Changing Government Programs, An." Working paper 88-WP 34. Center for Agricultural and Rural Development, Iowa State University.
Abstract
An econometric corn and soybean supply response model is provided that endogenously determines program participation. The impacts of a decrease in the target price, an increase in the set-aside rate, and the introduction of a paid diversion are analyzed for the 1985 crop.