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Working Paper
Why are estimates of agricultural supply response so variable?
Lamb, Russell L.; Diebold, Francis X. (1996)
Estimates of the response of agricultural supply to movements in expected price display curiously large variation across crops, regions, and time periods. We argue that this anomaly may be traced, at least in part, to the statistical properties of the commonly-used econometric estimator, which has infinite moments of all orders and may have a bimodal distribution. We propose an alternative minimum-expected-loss estimator, establish its improved sampling properties, and argue for its usefulness in the empirical analysis of agricultural supply response.
Finance and Economics Discussion Series , Paper 96-8

Newsletter
Final estimates confirm banner fall harvest
Benjamin, Gary L. (1993-01)
Agricultural Letter , Issue Jan

Newsletter
Reports on crop usage and plantings
Benjamin, Gary L. (1993-04)
Agricultural Letter , Issue Apr

Newsletter
USDA hosts annual outlook conference
Benjamin, Gary L. (1993-12)
Agricultural Letter , Issue Dec

Newsletter
USDA agricultural outlook conference
Benjamin, Gary L.; Singer, Mike A. (1992-12)
Agricultural Letter , Issue Dec

Newsletter
The corn and soybean harvest in perspective
Benjamin, Gary L. (1991-09)
Agricultural Letter , Issue Sep

Newsletter
USDA agricultural sector outlook for 1992
Singer, Mike A. (1991-12)
Agricultural Letter , Issue Dec

Newsletter
Revised estimates still point to lower corn stocks
Benjamin, Gary L. (1991-01)
Agricultural Letter , Issue Jan 25

Newsletter
Outlook for the agricultural sector
Singer, Mike A. (1996-03)
Agricultural Letter , Issue Mar

Journal Article
1987: a good year for district farmers
Owens, Raymond E. (1988-01)
Cross Sections , Issue Win , Pages 4-5

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