IDEAS home Printed from https://ideas.repec.org/p/ags/eaae89/234619.html
   My bibliography  Save this paper

Regulating Pesticides in Greek Agriculture

Author

Listed:
  • Melfou, Katerina

Abstract

The objective of this paper is to estimate the short run and long run own- price elasticity of pesticide demand in Greece in a profit maximization context. A single equation approach is adopted and the dynamic aspects of pesticide demand are captured by the use of cointegration techniques. The policy implications of the empirical findings concern the price responsiveness of pesticide demand in Greece to potential changes in pesticide price due to the imposition of an environmental tax on that polluting input. The estimated short run elasticity of pesticide demand is -0.8 whereas the long run estimate is slightly larger, approximately -0.9. The short run pesticide elasticity with respect to output price is 1.58 and the long run 1.75 both highly elastic estimates. The reduction of output prices may thus be expected to bring about a larger reduction in pesticide use than the imposition of a tax on that input.

Suggested Citation

  • Melfou, Katerina, 2005. "Regulating Pesticides in Greek Agriculture," 89th Seminar, February 2-5, 2005, Parma, Italy 234619, European Association of Agricultural Economists.
    • Handle: RePEc:ags:eaae89:234619
    DOI: 10.22004/ag.econ.234619
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/234619/files/Melfou%202005%20Regulating%20Pesticides%20in%20Greek%20Agriculture.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.234619?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Johansen, Soren & Juselius, Katarina, 1990. "Maximum Likelihood Estimation and Inference on Cointegration--With Applications to the Demand for Money," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 52(2), pages 169-210, May.
    2. Hallam, David & Zanoli, Raffaele, 1993. "Error Correction Models and Agricultural Supply Response," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 20(2), pages 151-166.
    3. Chambers,Robert G., 1988. "Applied Production Analysis," Cambridge Books, Cambridge University Press, number 9780521314275.
    4. Mark Denbaly & Harry Vroomen, 1993. "Dynamic Fertilizer Nutrient Demands for Corn: A Cointegrated and Error-Correcting System," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(1), pages 203-209.
    5. Mergos, G. J. & Stoforos, Ch. E., 1997. "Fertilizer demand in Greece," Agricultural Economics, Blackwell, vol. 16(3), pages 227-235, August.
    6. Peter Kennedy, 2003. "A Guide to Econometrics, 5th Edition," MIT Press Books, The MIT Press, edition 5, volume 1, number 026261183x, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mergos, G. J. & Stoforos, Ch. E., 1997. "Fertilizer demand in Greece," Agricultural Economics, Blackwell, vol. 16(3), pages 227-235, August.
    2. Jongeneel, Roelof A. & Ge, Lan, 2005. "Explaining Growth in Dutch Agriculture: Prices, Public R&D, and Technological Change," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24573, European Association of Agricultural Economists.
    3. repec:kap:iaecre:v:17:y:2011:i:2:p:157-168 is not listed on IDEAS
    4. Senderski, Marcin, 2011. "Justifiable thrift or feverish animal spirits: What stirred the corporate credit crunch in Poland?," MPRA Paper 56613, University Library of Munich, Germany.
    5. Senay ACIKGOZ & Anil AKCAGLAYAN, 2014. "Turkiye’de Cari Islemler Aciginin Surdurulebilirligi," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, vol. 14(1), pages 83-97.
    6. Tang, Chor Foon, 2011. "Tourism, real output and real effective exchange rate in Malaysia: a view from rolling sub-samples," MPRA Paper 29379, University Library of Munich, Germany.
    7. Steen, Frode & Salvanes, Kjell G., 1999. "Testing for market power using a dynamic oligopoly model," International Journal of Industrial Organization, Elsevier, vol. 17(2), pages 147-177, February.
    8. Hansen, Lars Gårn, 2004. "Nitrogen Fertilizer Demand from Danish Crop Farms - Regulatory Implications of Farm Heterogeneity," MPRA Paper 48366, University Library of Munich, Germany.
    9. Weliwita, Ananda & Govindasamy, Ramu, 1997. "Supply Response In The Northeastern Fresh Tomato Market: Cointegration And Error Correction Analysis," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 26(2), pages 1-9, April.
    10. Catarina Figueira & John Glen & Joseph Nellis, 2005. "A Dynamic Analysis of Mortgage Arrears in the UK Housing Market," Urban/Regional 0509006, University Library of Munich, Germany.
    11. Aleksandra Matuszewska-Janica, 2011. "Long-run Relationships between Selected Central European Indexes," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 17(2), pages 157-168, May.
    12. Agbola, Frank W. & Evans, Nigel, 2012. "Modelling rice and cotton acreage response in the Murray Darling Basin in Australia," Agricultural Systems, Elsevier, vol. 107(C), pages 74-82.
    13. Unterschultz, James R. & Jeffrey, Scott R. & Quagrainie, Kwamena K., 2000. "Value-Adding 20 Billion By 2005: Impact At The Alberta Farm Gate," Project Report Series 24049, University of Alberta, Department of Resource Economics and Environmental Sociology.
    14. Pedro M G Martins, 2010. "Fiscal Dynamics in Ethiopia: A Cointegrated VAR Model with Quarterly Data," Discussion Papers 10/05, University of Nottingham, CREDIT.
    15. Tuck Cheong Tang, 2002. "Aggregate Import Demand Behavior For Indonesia: Evidence From The Bounds Testing Approach," IIUM Journal of Economics and Management, IIUM Journal of Economis and Management, vol. 10(2), pages 179-199, December.
    16. Ikudayisi, Adesola Adebola & Salman, Kabir Kayode, 2014. "Spatial Integration Of Maize Market In Nigeria – A Vector Error Correction Model," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 2(3), pages 1-10, July.
    17. Tang, Chor Foon, 2011. "Multivariate Granger Causality and the Dynamic Relationship between Health Care Spending, Income and Relative Price of Health Care in Malaysia," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 52(2), pages 199-214, December.
    18. Jan Christensen & Lars Gårn Hansen, 2005. "Abatement costs of alternative tax systems to regulate agricultural nitrogen loss," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 7(2), pages 53-74, June.
    19. Laura M. J. McCann & K. William Easter, 1999. "Differences between Farmer and Agency Attitudes Regarding Policies to Reduce Phosphorus Pollution in the Minnesota River Basin," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 21(1), pages 189-207.
    20. Boonsaeng, Tullaya & Wohlgenant, Michael K., 2006. "The Demand for Livestock by the U.S. Meat Processing Industry," 2006 Annual meeting, July 23-26, Long Beach, CA 21120, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    21. Austin, Darran & Cao, Kay & Rys, Gerald, 2006. "Modelling Nitrogen Fertiliser Demand in New Zealand," 2006 Conference, August 24-25, 2006, Nelson, New Zealand 31970, New Zealand Agricultural and Resource Economics Society.

    More about this item

    Keywords

    Agricultural and Food Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:eaae89:234619. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/eaaeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.