Response of the Argentine Soybean Sown Area to Prices
AbstractThis paper analyzes the response of the soybean sown area of Argentina to changes in price incentives and other variables which are relevant for agricultural production. To this effect, VEC models are estimated for some of the main producing provinces and for the country’s total in the period 1974-2006. The estimated models allow analyzing the long-term relationship among the share of soybean sown area, relative prices, the use of certain inputs, and the risks involved. For models where cointegration relations are observed, positive and significative responses are found in the soybean sown area to changes in relative prices.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Central Bank of Argentina, Economic Research Department in its series BCRA Working Paper Series with number 200944.
Length: 39 pages
Date of creation: Nov 2009
Date of revision:
agricultural production; Argentina; elasticities; relative prices; risks; soybean;
Find related papers by JEL classification:
- C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
- Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
- R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Production Analysis, and Firm Location
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Diego Alberto Bastourre & Jorge Eduardo Carrera & Javier Ignacio Ibarlucia, 2008.
"Commodity Prices in Argentina. What Does Move the Wind?,"
Centro de Estudios Monetarios Latinoamericanos, vol. 0(1), pages 1-30, January-J.
- Diego Bastourre & Jorge Carrera & Javier Ibarlucia, 2007. "Commodity Prices In Argentina: What Does Move The Wind?," Anais do XXXV Encontro Nacional de Economia [Proceedings of the 35th Brazilian Economics Meeting] 076, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
- Milton Friedman & L. J. Savage, 1948. "The Utility Analysis of Choices Involving Risk," Journal of Political Economy, University of Chicago Press, vol. 56, pages 279.
- Thiele, Rainer, 2003.
"Price Incentives, Non-Price Factors, And Agricultural Production In Sub-Saharan Africa: A Cointegration Analysis,"
2003 Annual Meeting, August 16-22, 2003, Durban, South Africa
25901, International Association of Agricultural Economists.
- Rainer Thiele, 2003. "Price Incentives, Non‐price Factors and Agricultural Production in Sub‐Saharan Africa: A Cointegration Analysis," African Development Review, African Development Bank, vol. 15(2â3), pages 425-438.
- Rainer Thiele, 2002. "Price Incentives, Non-Price Factors, and Agricultural Production in Sub-Saharan Africa: A Cointegration Analysis," Kiel Working Papers 1123, Kiel Institute for the World Economy.
- Schiff, Maurice & Montenegro, Claudio E, 1997.
"Aggregate Agricultural Supply Response in Developing Countries: A Survey of Selected Issues,"
Economic Development and Cultural Change,
University of Chicago Press, vol. 45(2), pages 393-410, January.
- Schiff, Maurice & Montenegro, Claudio E., 1995. "Aggregate agricultural supply response in developing countries : a survey of selected issues," Policy Research Working Paper Series 1485, The World Bank.
- Granger, C. W. J. & Newbold, P., 1974. "Spurious regressions in econometrics," Journal of Econometrics, Elsevier, vol. 2(2), pages 111-120, July.
- Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
- Hallam, David & Zanoli, Raffaele, 1993. "Error Correction Models and Agricultural Supply Response," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 20(2), pages 151-66.
- 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.
- 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.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Federico Grillo).
If references are entirely missing, you can add them using this form.