Econometric Developments in Agricultural and Resource Economics: The First 100 Years

19 Pages Posted: 6 Apr 2020

See all articles by David Bessler

David Bessler

Texas A&M University, College Station - Department of Agricultural Economics

Jeffrey Dorfman

University of Georgia

Matthew T. Holt

Texas A&M University

Jeffrey T. LaFrance

University of California, Berkeley

Date Written: April 2010

Abstract

This article reviews the major contributions of agricultural and resource economists in the area of econometrics over the past 100 years. Early on, a number of agricultural economists were in on the ground floor in terms of developing new econometric methods. Over time as the economics profession became more empirically oriented, agricultural and resource economists increasingly assumed the role of “early adopters” of new econometric methods. Even so, agricultural and resource economists continue to make useful modifications to econometric techniques in order to adapt the methods to the unique nature of the problems and applications that we study.

Keywords: econometric history, forecasting, limited dependent variables, panel data, productivity models, qualitative dependent variables, structural models, time series

Suggested Citation

Bessler, David and Dorfman, Jeffrey and Holt, Matthew T. and LaFrance, Jeffrey T., Econometric Developments in Agricultural and Resource Economics: The First 100 Years (April 2010). American Journal of Agricultural Economics, Vol. 92, Issue 2, pp. 571-589, 2010, Available at SSRN: https://ssrn.com/abstract=3569192 or http://dx.doi.org/10.1093/ajae/aaq010

David Bessler (Contact Author)

Texas A&M University, College Station - Department of Agricultural Economics ( email )

College Station, TX 77840
United States
979-845-3096 (Phone)

Jeffrey Dorfman

University of Georgia

Matthew T. Holt

Texas A&M University

Langford Building A
798 Ross St.
College Station, TX 77843-3137
United States

Jeffrey T. LaFrance

University of California, Berkeley ( email )

207 Giannini Hall / MC 3310
Berkeley, CA 94720
United States
510-643-5416 (Phone)
510-643-8911 (Fax)

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
2
Abstract Views
154
PlumX Metrics