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A Review of the Arts of Supply Response Analysis

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  • Colman, David R.

Abstract

This paper classifies methods for estimating agricultural output supply responses to price into two broad categories (1) programming and (2) econometric. The latter category is further subdivided into two-stage procedures, directly estimated supply systems and directly estimated single commodity models. In Part 1 the theoretical basis of these methods is considered, while Part 2 explores their strengths, weaknesses and potentials from an empirical standpoint.

Suggested Citation

  • Colman, David R., 1983. "A Review of the Arts of Supply Response Analysis," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 0(Number 03), pages 1-30, December.
  • Handle: RePEc:ags:remaae:12516
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    File URL: http://ageconsearch.umn.edu/record/12516/files/51030201.pdf
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    References listed on IDEAS

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    Cited by:

    1. Foster, Kenneth A. & Mwanaumo, Anthony, 1995. "Estimation of dynamic maize supply response in Zambia," Agricultural Economics, Blackwell, vol. 12(1), pages 99-107, April.
    2. Winter-Nelson, Alex, 1996. "Expectations, supply response, and marketing boards: An example from Kenya," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 14(1), April.
    3. Eswaramoorthy, K., 1991. "U.S. livestock production and factor demand: a multiproduct dynamic dual approach," ISU General Staff Papers 1991010108000010523, Iowa State University, Department of Economics.
    4. Smith, Anna Rickett & Dorfman, Jeffrey H., 2002. "An Economic Evaluation Of Cotton And Peanut Research In Southeastern United States," 2002 Annual meeting, July 28-31, Long Beach, CA 19900, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Mohamed Adel Dhif & Mohamed Mekki Ben Jemaa, 2004. "Uncertainty and Risk Aversion: Implication for Tunisian Cereals Crops," Working Papers 0415, Economic Research Forum, revised 07 Jan 2004.
    6. Kaye-Blake, William & Saunders, Caroline M., 2006. "Estimated Contribution of Four Biotechnologies to New Zealand Agriculture," 2006 Annual meeting, July 23-26, Long Beach, CA 21133, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Deybe, D., 1998. "Can agricultural sector models be a tool for policy analysis? An application for the case of Burkina Faso," Agricultural Systems, Elsevier, vol. 58(3), pages 367-380, November.
    8. B. White & P. J. Dawson, 1991. "A Dynamic Programming Model Of Early Potato Harvesting," Journal of Agricultural Economics, Wiley Blackwell, vol. 42(3), pages 325-339.
    9. Santeramo, Fabio Gaetano, 2014. "On the Estimation of Supply and Demand Elasticities of Agricultural Commodites," MPRA Paper 56126, University Library of Munich, Germany.
    10. Vavra, Pavel & Colman, David, 2003. "The analysis of UK crop allocation at the farm level: implications for supply response analysis," Agricultural Systems, Elsevier, vol. 76(2), pages 697-713, May.
    11. Jeon, Jong-Pyeong, 1989. "The impacts of policy alternatives and foreign demand fluctuations on the US rice market," ISU General Staff Papers 1989010108000010204, Iowa State University, Department of Economics.
    12. Hall, Nigel H. & Fraser, L. & Purtill, A., 1988. "Supply Response in Broadacre Agriculture," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 0(Number 03), pages 1-14, December.
    13. Brockhaus, Jan & Huang, Jikun & Hu, Jiliang & Kalkuhl, Matthias & von Braun, Joachim & Yang, Guolei, 2015. "Rice, wheat, and corn supply response in China," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205988, Agricultural and Applied Economics Association.
    14. Stefanides, Zdenko & Tauer, Loren W., 1997. "Estimating Individual Farm Supply And Demand Elasticities Using Nonparametric Production Analysis," Working Papers 14743, Cornell University, Department of Applied Economics and Management.
    15. Meinhold, K. & Kögl, H. & Schrader, H., 1988. "Empirischer Kenntnisstand über die Auswirkungen alternativer Agrarpreispolitiken auf sektoraler und betrieblicher Ebene," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 0.
    16. Winter-Nelson, Alex, 1996. "Expectations, supply response, and marketing boards: An example from Kenya," Agricultural Economics, Blackwell, vol. 14(1), pages 21-31, April.
    17. Saunders, Caroline M. & Kaye-Blake, William & Cagatay, Selim, 2009. "Analyzing Drivers of World Food Prices: Weather, Growth, and Biofuels," 2009 Conference, August 16-22, 2009, Beijing, China 51460, International Association of Agricultural Economists.
    18. Aradhyula, Satheesh Venkata, 1989. "Policy structure, output supply and input demand for US crops," ISU General Staff Papers 198901010800009909, Iowa State University, Department of Economics.

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    Keywords

    Demand and Price Analysis;

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