Estimating demand and supply of edible oil in Pakistan
AbstractThis paper examines the demand for edible oil in Pakistan and a dynamic supply response model to show price responsiveness by sunflower oilseed farmers. The demand for edible oil is estimated by using Ordinary Least Square (OLS) technique. It has been found that an increase in the consumption of edible oil is highly affected by urbanization, increase in per capita income, relative high price of its substitutes and the rapid growth of the population. In order to estimate supply response model of oilseed (sunflower), Nerlovian partial adjustment model has been used. The dynamic supply response showed a positive price responsiveness by sunflower oilseed farmers, which is consistent with a priori expectation.
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 University Library of Munich, Germany in its series MPRA Paper with number 38948.
Date of creation: 1991
Date of revision:
Publication status: Published in Pakistan Journal of Agricultural Social Sciences 1 & 2.6 & 7(1993): pp. 13-24
Estimation of Demand and Supply of Edible Oil; Pakistan; Ordinary Least Square Technique; Model;
Find related papers by JEL classification:
- C5 - Mathematical and Quantitative Methods - - Econometric Modeling
- A1 - General Economics and Teaching - - General Economics
- C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs
- C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).
If references are entirely missing, you can add them using this form.