Analysis of aggregation error in supply functions based on farm-programming models Miller, Thomas Heady, Earl
dc.contributor.department Extension and Experiment Station Publications 2018-02-18T14:17:50.000 2020-06-30T06:59:56Z 2020-06-30T06:59:56Z 2017-06-26 2017-06-26
dc.description.abstract <p>The over-all purpose of this study is to investigate problems of aggregation error in supply estimates. Specific elements of the analysis include an exploration of the theoretical aspects of developing error-free or minimum-error aggregates, the development of empirical supply estimates for Iowa pork and beef (based on different stratifications of representative farms), determination of the relative magnitude of the aggregation error and possible factors contributing to it, and recommending practical research procedures for controlling aggregation error.</p> <p>The grouping implied by Theorem I developed in the study extends beyond the practice of grouping farms by restrictive resources. Although grouping by restrictive resources is important, it does not reflect differences in the response patterns of individual farms. The requirements of Theorem I provide a basic principle to follow in controlling aggregation error.</p>
dc.identifier archive/
dc.identifier.articleid 1594
dc.identifier.contextkey 10350801
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath researchbulletin/vol36/iss578/1
dc.source.bitstream archive/|||Fri Jan 14 17:42:18 UTC 2022
dc.subject.disciplines Agriculture
dc.subject.disciplines Economics
dc.title Analysis of aggregation error in supply functions based on farm-programming models
dc.type article
dc.type.genre article
dspace.entity.type Publication
relation.isJournalIssueOfPublication 99cd5476-5619-4b1f-a950-ee9fe69b2355
relation.isOrgUnitOfPublication 302bd0e8-f82f-406a-88b5-c8f956b5f77b
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