Rulon D. Pope, professor of economics at Brigham Young University, received the Quality of Research Discovery award at the national conference of the Agriculture and Applied Economics Association in Orlando in July.
Pope’s paper, "Imperfect Price Deflation in Production Systems," describes a new way of estimating agricultural supply and input demand functions, e.g. how much production will increase if selling prices increase or how changes in fertilizer prices could affect fertilizer demand.
Jeff LaFrance of Washington State University and Richard Just of the University of Maryland were also involved in the research.
For more information, contact Rulon D. Pope at (801) 422-3178.
Writer: Brady Toone