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A Review of the Arts of Supply Response Analysis

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  • Colman, David R.

Abstract

This paper classifies methods for estimating agricultural output supply responses to price into two broad categories (1) programming and (2) econometric. The latter category is further subdivided into two-stage procedures, directly estimated supply systems and directly estimated single commodity models. In Part 1 the theoretical basis of these methods is considered, while Part 2 explores their strengths, weaknesses and potentials from an empirical standpoint.

Suggested Citation

  • Colman, David R., 1983. "A Review of the Arts of Supply Response Analysis," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 51(03), pages 1-30, December.
    • Handle: RePEc:ags:remaae:12516
    DOI: 10.22004/ag.econ.12516
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    References listed on IDEAS

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