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An Econometric Analysis of Qualitative Choice Among Performance Characteristics of Agricultural Tractors

Published online by Cambridge University Press:  28 April 2015

Angelos Pagoulatos ,
David L. Debertin  and
William L. Johnson
Angelos Pagoulatos
Affiliation:
Department of Agricultural Economics, University of Kentucky
David L. Debertin
Affiliation:
Department of Agricultural Economics, University of Kentucky
William L. Johnson
Affiliation:
Department of Agricultural Economics, University of Kentucky
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Extract

The mechanization of American agriculture has played a key role in the technological progress of U.S. agriculture in this century (Heady and Tweeten). In turn, the demand for farm tractors and other farm machinery has been highly dependent on the year-to-year strength of the agricultural economy. Unit sales of tractors have varied by as much as 50 percent from one year to the next (Royal Commission on Farm Machinery).

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 14 , Issue 2 , December 1982 , pp. 83 - 89
Copyright
Copyright © Southern Agricultural Economics Association 1982

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