| Título: | FARM LEVEL DEMAND FOR PECANS RECONSIDERED |
| Autores: |
Wells, Gary J. Miller, Stephen E. Thompson, C. Stassen |
| Fecha: |
2003-03-25 2007-03-07 2003-03-25 2007-03-07 1986-07 |
| Publicador: | AgEcon |
| Fuente: |
 |
| Tipo: | Journal Article |
| Tema: | Crop Production/Industries |
| Descripción: | Previous studies have consistently indicated the anomalous result of a price inflexible demand for pecans. However, these efforts did not have an adequate measure of pecan stocks available and, as a result, stocks were either excluded from consideration or a proxy variable was introduced. A time series of pecan stocks is now available. Use of this time series in a price dependent demand function results in a flexible farm level demand for pecans. This points out the danger of excluding an appropriate variable or using a so-called "reasonable" proxy variable. |
| Idioma: |
English en |
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