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Supply Responsiveness Of Rice Farmers In Laguna, Philippines

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Author Info

  • Flinn, John C.
  • Kalirajan, Kaliappa P.
  • Castillo, Linda L.

Abstract

The supply response and input demand by farmers using modern rice technology in Laguna, Philippines were estimated using profit function analysis. The results indicate that farmers do maximise short-term profits and respond to price changes efficiently. The supply elasticity of rice with respect to its own price was approximately unity. Changes in real wages were estimated to have a greater impact on rice profit and supplies than changes in the real prices of mechanised land preparation, fertiliser or pesticides. Production elasticities derived from the profit function were consistent with those estimated directly from the underlying production function.

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File URL: http://purl.umn.edu/23055
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Bibliographic Info

Article provided by Australian Agricultural and Resource Economics Society in its journal Australian Journal of Agricultural Economics.

Volume (Year): 26 (1982)
Issue (Month): 01 (April)
Pages:

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Handle: RePEc:ags:ajaeau:23055

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Related research

Keywords: Demand and Price Analysis; Productivity Analysis;

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References

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  1. Kikuchi, Masao & Hayami, Yujiro, 1980. "Inducements to Institutional Innovations in an Agrarian Community," Economic Development and Cultural Change, University of Chicago Press, vol. 29(1), pages 21-36, October.
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Cited by:
  1. Quiggin, John C. & Bui-Lan, Anh, 1984. "The Use Of Cross-Sectional Estimates Of Profit Functions For Tests Of Relative Efficiency: A Critical Review," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 28(01), April.
  2. Faye, Issa & Deininger, Klaus W., 2005. "Do new delivery systems improve extension access? Evidence from rural Uganda," 2005 Annual meeting, July 24-27, Providence, RI 19405, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  3. Yu, Bingxin & Fan, Shenggen, 2009. "Rice production responses in Cambodia:," IFPRI discussion papers 939, International Food Policy Research Institute (IFPRI).
  4. Suleiman Abrar & Oliver Morrissey & Tony Rayner, 2004. "Aggregate agricultural supply response in Ethiopia: a farm-level analysis," Journal of International Development, John Wiley & Sons, Ltd., vol. 16(4), pages 605-620.

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