Farm sypply response in Kenya: Acreage allocation model
使用ARIMA模型估计预期价格和产量，分析肯尼亚大农场和小农场的供给反应，发现小农场主要受预期产量影响，而大农场对价格反应更敏感。
Employing ARIMA estimations of expected prices and yields, Nerlovian response functions are estimated for large and small farms in Kenya. Results show that (expected) yield levels, rather than expected prices affect the supply response of small farms, whereas large farms react more strongly to prices.