Table 2: Estimated Parameters for the Cotton and Peanut Supply Functions
|
VARIABLES |
COTTON |
PEANUTS | ||
|
Estimated Coefficients |
p-value |
Estimated Coefficients |
p-value | |
|
Intercept |
-50.72 |
.004249 |
.54 |
.271035 |
|
Lagged price |
1.39 |
.000198 |
.81 |
.000000 |
|
Rainfall |
3.69 |
.350197 |
.14 |
.001232 |
|
Acres Harvested |
.85 |
.000004 |
-.28 |
.000000 |
|
Input Costs |
-.68 |
.059431 |
-.43 |
.000000 |
|
Research Expenditures |
.25 |
.000001 |
.00065 |
.000000 |
|
R-square |
.7873 |
.9774 | ||
|
Durbin-Watson |
1.69 |
2.21 | ||
13
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