Product Supply Elasticities for the Australian Broadacre Industries, Estimated with a Programming Model
This paper reports on estimates of the supply response to price changes of Australian broadacre farmers using a programming model. The products examined were beef, sheep meat, wool and cereals. Medium-term own-price and cross-price elasticities were estimated from a designed experiment with the model. These elasticities are presented and discussed in the context of estimates from other studies.
Volume (Year): 53 (1985)
Issue (Month): 01 (April)
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- Alan A. Powell & Fred H.G. Gruen, 1967.
"The Estimation Of Production Frontiers: The Australian Livestock/Cereals Complex,"
Australian Journal of Agricultural and Resource Economics,
Australian Agricultural and Resource Economics Society, vol. 11(1), pages 63-81, 06.
- Powell, Alan A. & Gruen, Fred H.G., 1967. "The Estimation Of Production Frontiers: The Australian Livestock/Cereals Complex," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 11(01), June.
- Vincent, David P & Dixon, Peter B & Powell, Alan A, 1980. "The Estimation of Supply Response in Australian Agrucilture: The CRESH/CRETH Production System," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 21(1), pages 221-42, February.
- Anderson, Jock R., 1974. "Simulation: Methodology and Application in Agricultural Economics," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 42(01), March.
- C. Richard Shumway & Anne A. Chang, 1977. "Linear Programming versus Positively Estimated Supply Functions: An Empirical and Methodological Critique," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(2), pages 344-357.
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