REGIONAL FACTOR DEMAND IN U.S. WHEAT PRODUCTION

Abstract

This study applies a translog cost function to analyze factor demands in four U.S. wheat production regions. The results show that factor demands are inelastic across all regions. The interdependent relationships among inputs and the effects of price changes on the relative cost shares are substantiallywheat production, factor demand, elasticity of substitution, regional comparisons, translog models, curvature condition, Demand and Price Analysis, Production Economics,