Abstract
The structure of mid-western corn production is analyzed within the context of a changing structure of the U.S. and global production and marketing systems. Further, the economic role of corn production in mid-western regions is investigated both at the major corn-producing states and an industry level using a combination of a descriptive analysis and an impact analysis. The impact analysis is done using an input-output model. The descriptive analysis by itself cannot be used to draw definitive conclusions regarding the role of the region’s production and marketing systems; thus, in addition to the descriptive analysis, an input-output analysis using IMPLAN is executed to incorporate the interdependence of the production and marketing system with other sectors of the economy by estimating economic multipliers.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
