A Review of the Arts of Supply Response Analysis
AbstractThis 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.
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Bibliographic InfoArticle provided by Australian Agricultural and Resource Economics Society in its journal Review of Marketing and Agricultural Economics.
Volume (Year): 51 (1983)
Issue (Month): 03 (December)
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- Kaye-Blake, William & Saunders, Caroline M., 2006. "Estimated Contribution of Four Biotechnologies to New Zealand Agriculture," 2006 Annual meeting, July 23-26, Long Beach, CA 21133, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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- Stefanides, Zdenko & Tauer, Loren W., 1997. "Estimating Individual Farm Supply And Demand Elasticities Using Nonparametric Production Analysis," Working Papers 14743, Cornell University, Department of Applied Economics and Management.
- Winter-Nelson, Alex, 1996. "Expectations, supply response, and marketing boards: An example from Kenya," Agricultural Economics, Blackwell, vol. 14(1), pages 21-31, April.
- Saunders, Caroline M. & Kaye-Blake, William & Cagatay, Selim, 2009. "Analyzing Drivers of World Food Prices: Weather, Growth, and Biofuels," 2009 Conference, August 16-22, 2009, Beijing, China 51460, International Association of Agricultural Economists.
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