APPLE PRICE AND PRODUCTION FORECASTS FOR MAINE AND THE UNITED STATES

dc.creatorHayward, Russel A.
dc.creatorCriner, George K.
dc.creatorSkinner, Steven P.
dc.date2017-04-01T20:12:42Z
dc.date.accessioned2026-07-09T04:03:05Z
dc.descriptionAn econometric model of U.S. and Maine apple production and prices was estimated with ordinary least squares multiple regression. A Gauss-Seidel solution technique was used to examine the equation system goodness of fit and to forecast endogenous variable values. Results indicate that supply expansion in the U.S. and Maine will continue, but Maine's slower rate of increase will erode its market share. Apple prices for the U.S. and Maine are predicted to decline in real terms by the year 2000 if inflation rates exceed 3 percent annually during the period 1982 to 2000.
dc.identifierdoi:10.22004/ag.econ.28901
dc.identifierhttps://ageconsearch.umn.edu/record/28901/files/13020268.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/28901
dc.identifier.urihttp://hdl.handle.net/123456789/544075
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/28901
dc.titleAPPLE PRICE AND PRODUCTION FORECASTS FOR MAINE AND THE UNITED STATES
dc.typeText

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