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A Multi‐Sectoral Analysis of Feed Grain Exports in the Cornbelt Economy
Author(s) -
Smith Thomas R.,
Baldwin E. Dean,
Larson Donald W.
Publication year - 1990
Publication title -
applied economic perspectives and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.4
H-Index - 49
eISSN - 2040-5804
pISSN - 2040-5790
DOI - 10.1093/aepp/12.1.57
Subject(s) - agriculture , economics , input–output model , agricultural economics , production (economics) , macroeconomics , ecology , biology
Abstract Large feed grain export variations adversely impact the agricultural sector and the Cornbelt economy. A multi‐sectoral input‐output linear programming model is developed to measure the cross industry effects of a 10 percent increase in feed grain exports. Base model, elastic labor supply, and full employment labor supply results are presented.