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Estimating perennial crop supply response: A methodology literature review
Agricultural Economics ( IF 4.1 ) Pub Date : 2024-01-12 , DOI: 10.1111/agec.12812
Jonathon Siegle 1 , Gregory Astill 2 , Zoë Plakias 3 , Daniel Tregeagle 4
Affiliation  

Perennial crops are important both economically and as a component of a healthy and nutritious diet (e.g., many fruits and nuts). However, the study of perennial crop production and farmer response to output price changes (i.e., supply response) is complex thanks to the dynamic nature of investment and decision making in these industries. The body of literature relevant to perennial crop supply response is also small relative to that of annual commodity crops. In this article, we contribute the first literature review on perennial crop supply response modeling in more than 30 years. We catalog advancements in estimating perennial crop supply response and discuss the application of these methods and trade-offs economists should be aware of when using them. In addition, we highlight future modeling developments that may be valuable to the field, with the hope this research will encourage additional economic research on this interesting and important topic and in turn provide new insights for perennial crop producers and policymakers.

中文翻译:

估计多年生作物供应响应:方法文献综述

多年生作物在经济上和作为健康营养饮食的组成部分(例如许多水果和坚果)都很重要。然而,由于这些行业的投资和决策的动态性质,对多年生作物生产和农民对产出价格变化的反应(即供给反应)的研究很复杂。与一年生商品作物相比,与多年生作物供应响应相关的文献也较少。在本文中,我们贡献了 30 多年来第一篇关于多年生作物供应响应模型的文献综述。我们列出了估计多年生作物供应响应的进展,并讨论了这些方法的应用以及经济学家在使用它们时应注意的权衡。此外,我们强调了可能对该领域有价值的未来模型发展,希望这项研究能够鼓励对这个有趣且重要的主题进行更多的经济研究,从而为多年生作物生产者和政策制定者提供新的见解。
更新日期:2024-01-12
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