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Modelling Nitrogen Fertiliser Demand in New Zealand

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  • Austin, Darran
  • Cao, Kay
  • Rys, Gerald

Abstract

In New Zealand, the demand for nitrogen fertiliser has increased markedly since the early 1980s. Potentially, this trend has significant environmental and climate change implications. While many factors could contribute to this trend, little work has been done to examine the drivers of increased use of nitrogen fertiliser in New Zealand. In this paper, we review the international literature and discuss a theoretical framework for modelling fertiliser demand. Using a national data set, we develop an empirical cointegration model for New Zealand. The results suggest that, in the long run, nitrogen fertiliser use is elastic (2.3) to output prices and unit elastic to its own price.

Suggested Citation

  • 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.
    • Handle: RePEc:ags:nzasin:31970
    DOI: 10.22004/ag.econ.31970
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    References listed on IDEAS

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    1. Engle, Robert & Granger, Clive, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
    2. Lattimore, Ralph G., 2006. "Farm Subsidy Reform Dividends," 2006 NAAMIC Workshop III: Achieving NAFTA Plus 163879, North American Agrifood Market Integration Consortium (NAAMIC).
    3. G.J. Mergos & Ch.E. Stoforos, 1997. "Fertilizer demand in Greece," Agricultural Economics, International Association of Agricultural Economists, vol. 16(3), pages 227-235, August.
    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. Roberto J. Garcia & Alan Randall, 1994. "A Cost Function Analysis to Estimate the Effects of Fertilizer Policy on the Supply of Wheat and Corn," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 16(2), pages 215-230.
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    Cited by:

    1. Austin, Darran & Rivas Palma, Rosa Maria, 2009. "Estimating and projecting flows of greenhouse gases for New Zealand agriculture and planted forests," 2009 Conference, August 27-28, 2009, Nelson, New Zealand 97159, New Zealand Agricultural and Resource Economics Society.

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