Why are Estimates of Agricultural Supply Response So Variable?
Author | : Russell L. Lamb |
Publisher | : |
Total Pages | : 48 |
Release | : 1996 |
Genre | : Agricultural prices |
ISBN | : |
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Author | : Russell L. Lamb |
Publisher | : |
Total Pages | : 48 |
Release | : 1996 |
Genre | : Agricultural prices |
ISBN | : |
Author | : Richard Tiffin |
Publisher | : |
Total Pages | : |
Release | : 1997 |
Genre | : Agricultural industries |
ISBN | : |
Author | : Santeramo, Fabio Gaetano |
Publisher | : Intl Food Policy Res Inst |
Total Pages | : 29 |
Release | : |
Genre | : Social Science |
ISBN | : |
This AGRODEP Technical Note provides a literature review on the topic of estimation of demand and supply elasticities. To this end, it starts the discussion by summarizing the main facets of production theory and consumer theory to introduce the concept of elasticities, with examples of di fferent types of elasticities most utilized in the literature. Next, it discusses the identi fication problem in estimating elasticities, i.e. the issue of having to solve for unique values of the parameters of the structural model from the values of the parameters of the reduced form of the model. It summarizes various methodologies employed in the literature to solve this problem and gives practical examples. These solutions include, but are not limited to, using instrumental variables, adopting a recursive structure, holding demand constant, and imposing inequality constraints in order to restrict the domain of estimates.
Author | : William Bruce Traill |
Publisher | : |
Total Pages | : 398 |
Release | : 1978 |
Genre | : Agricultural prices |
ISBN | : |
Author | : Marc Nerlove |
Publisher | : Baltimore, Md. : Johns Hopkins Press |
Total Pages | : 286 |
Release | : 1958 |
Genre | : Agricultural prices |
ISBN | : |
Author | : Roberto Ricardo Saez |
Publisher | : |
Total Pages | : 428 |
Release | : 1983 |
Genre | : Agriculture |
ISBN | : |
Author | : John L. Dillon |
Publisher | : Elsevier |
Total Pages | : 264 |
Release | : 2012-12-02 |
Genre | : Technology & Engineering |
ISBN | : 0080983901 |
The role of the agricultural scientist is to manipulate crop and livestock response phenomena so that they serve society's needs better, enabling countries to obtain full benefit from their agricultural resources. By producing food more efficiently, resources can be made available for non-agricultural development and other needs beyond the essentials of food and fibre. This text provides an introductory outline of the analytical principles involved in appraising the efficiency of crop-fertilizer and livestock-feed response. It provides students of both agricultural science and economics with a simple but formal exposition of the why, how and wherefore of the principles of crop and livestock analysis, thereby helping to further co-operative effort among biological and economic researchers. The third edition has been updated and revised, with additions relating to the principles of modelling, the concept of economic duality as pertinent to response processes, the appraisal of aggregate response, and the economics of response research.
Author | : Earl Orel Heady |
Publisher | : |
Total Pages | : 328 |
Release | : 1961 |
Genre | : Farm management |
ISBN | : |