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Supply Response In France, Germany, And The Uk: Technology And Price

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  • Arnade, Carlos A.
  • Kelch, David R.
  • Leetmaa, Susan E.

Abstract

We extend the methodology of a two-step profit function to obtain area and yield elasticities. We then estimate the effects of price and technology on crop output of France, Germany, and the UK. Area elasticities were obtained by adding area shadow price equations to the standard dual model of output and input equations. Change in output is dominated by technology in the UK and mixed in France and Germany. The results indicate policies affecting price will have diverse responses across countries and crops.

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Bibliographic Info

Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2002 Annual meeting, July 28-31, Long Beach, CA with number 19702.

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Date of creation: 2002
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Handle: RePEc:ags:aaea02:19702

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Keywords: Demand and Price Analysis;

References

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  1. Larson, Donald F. & Glance, Simon & Borrell, Brent & Ingco, Merlinda & Coleman, Jonathan, 1991. "Abolishing green rates : the effects on cereals, sugar, and oilseeds in West Germany," Policy Research Working Paper Series 607, The World Bank.
  2. Ball, V. Eldon & Bureau, Jean-Christophe & Eakin, Kelly & Somwaru, Agapi, 1997. "Cap reform: modelling supply response subject to the land set-aside," Agricultural Economics, Blackwell, vol. 17(2-3), pages 277-288, December.
  3. Mundlak, Yair & Larson, Don & Butzer, Ritz, 1997. "The determinants of agricultural production : a cross-country analysis," Policy Research Working Paper Series 1827, The World Bank.
  4. Guyomard & Baudry & Carpentier, 1996. "Estimating crop supply response in the presence of farm programmes : application to the CAP," Working Papers 153134, Institut National de la Recherche Agronomique, France.
  5. Antle, John M. & Capalbo, Susan M., 2000. "Econometric-Process Models For Integrated Assessment Of Agricultural Production Systems," Trade Research Center Research Discussion Papers 29234, Montana State University, Department of Agricultural Economics and Economics.
  6. Coyle, Barry T., 1993. "On Modeling Systems Of Crop Acreage Demands," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 18(01), July.
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Cited by:
  1. Roman Keeney & Thomas W. Hertel, 2008. "U.S. Market Potential For Dried Distillers Grain With Solubles," Working Papers 08-13, Purdue University, College of Agriculture, Department of Agricultural Economics.

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