Distributed lags and barley acreage response analysis
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Description
The need to incorporate production response lags in agricultural supply models is established, and two such lags are considered: the familiar adaptive expectations geometric lag, and a more general polynomial lag. These distributed lag supply response models are applied to Australian barley data for the period 1946-47 to 1968-69. A number of statistical problems associated with the adaptive expectations model are discussed, and in particular it is concluded that lags both in the formation of...[Show more]
Collections | ANU Research Publications |
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Date published: | 1974-08 |
Type: | Journal article |
URI: | http://hdl.handle.net/1885/107116 |
Source: | Australian Journal of Agricultural and Resources Economics |
DOI: | 10.1111/j.1467-8489.1974.tb00132.x |
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