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Asymmetric Agricultural Supply Response: Evidence From Bangladesh Agriculture

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  • M. Jaforullah

Abstract

This paper investigates whether sugar cane supply in the mill zones of Bangladesh responds asymmetrically to a price rise and a price fall by estimating several models suggested in the literature on agricultural supply. It is found that sugar cane area, in the event of a price rise, is more than twice as elastic as in the event of a price fall, and that this is true both in the short run and the long run.

Suggested Citation

  • M. Jaforullah, 1993. "Asymmetric Agricultural Supply Response: Evidence From Bangladesh Agriculture," Journal of Agricultural Economics, Wiley Blackwell, vol. 44(3), pages 490-495, September.
    • Handle: RePEc:bla:jageco:v:44:y:1993:i:3:p:490-495
    DOI: 10.1111/j.1477-9552.1993.tb00290.x
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    References listed on IDEAS

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    1. Tweeten, Luther G & Quance, C Leroy, 1969. "Positivistic Measures of Aggregate Supply Elasticities: Some New Approaches," American Economic Review, American Economic Association, vol. 59(2), pages 175-183, May.
    2. Luther G. Tweeten & C. Leroy Quance, 1969. "Positivistic Measures of Aggregate Supply Elasticities: Some New Approaches," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 51(2), pages 342-352.
    3. Rudolf Wolffram, 1971. "Positivistic Measures of Aggregate Supply Elasticities: Some New Approaches—Some Critical Notes," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(2), pages 356-359.
    4. Bruce Traill & David Colman & Trevor Young, 1978. "Estimating Irreversible Supply Functions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(3), pages 528-531.
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    Cited by:

    1. Faiz.M.Shaikh & Muhammad Bachal Jamali & Khalid Shaikh & Asad Raza Abdi, 2011. "WTO Reforms and Rice Market in Pakistan," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 1(3), pages 45-51, October.
    2. Omezzine, Abdallah & Al-Jabri, Omar S., 1998. "Price supply response of vegetable growers in the Sultanate of Oman," Agricultural Economics, Blackwell, vol. 19(3), pages 349-358, December.
    3. Abdi, Asad Raza & Halepoto, Ali Hassan & Shah, Aisha Bashir & Shaikh, Faiz M., 2013. "Time Series Analysis of Wheat flour Price Shocks in Pakistan: A Case Analysis," Asian Journal of Agriculture and Rural Development, Asian Economic and Social Society (AESS), vol. 3(10), pages 1-7, October.
    4. Mamingi, Nlandu, 1997. "The impact of prices and macroeconomic policies on agricultural supply: a synthesis of available results," Agricultural Economics, Blackwell, vol. 16(1), pages 17-34, March.
    5. Syed Asad Raza ABIDI & Aishah Bashir SHAH & Ali Hassan HALEPOTO & Faiz.M.SHAIKH, 2013. "Forecasting Trend Of Wheat Prices In Pakistan," Romanian Statistical Review, Romanian Statistical Review, vol. 61(8), pages 71-75, September.

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