Abstract
Using Iowa as an example, we simulated a region’s agricultural section with a hybrid model. This model incorporates an LP model that represents the supply of agricultural commodities and an econometric portion that simulates the price impacts.
Three different policies on resource options are examined. The first and second options restrict the activities placed on the land to 20 and 10 t/ha, respectively. The final alternative restricts nitrogen availability to 652706 t.
The modeling technique employed in this analysis allows the interactive nature of supply and demand to operate. In addition, the physical adjustment to yield owing to changes in depth of the topsoil are incorporated. This method requires further study and evaluation; however, on the basis of this study it appears to merit allocation of substantial resources to examine the methodology.
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English, B.C., Haney, D.A., Kapur, A., Meyers, W.H. (1988). Iowa, USA: An Agricultural Policy Analysis. In: Parikh, J.K. (eds) Sustainable Development of Agriculture. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-3185-0_6
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DOI: https://doi.org/10.1007/978-94-017-3185-0_6
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