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The supply response of aggregate agricultural output in Jamaica

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  • John Gafar

Abstract

A dominant theme in the development literature is that individual agricultural products responds to price incentives, not because of shifts Between products, but that total agricultural output is not responsive to price. The econometric evidence tor Jamaica shows that this presumption is not valid. The paper begins by reviewing the growth experience of the Jamaican economy. It then analyzes the trends in agricultural production. The remainder of the paper provides the econometric estimates of broad agricultural output to price. The empirical evidence shows that aggregate agricultural output is responsive to price, but it will take lime for agricultural production to materialize. A summary of the published estimates of the supply response for individual crops is also presented.

Suggested Citation

  • John Gafar, 1997. "The supply response of aggregate agricultural output in Jamaica," Agricultural Economics, International Association of Agricultural Economists, vol. 16(3), pages 205-217, August.
    • Handle: RePEc:bla:agecon:v:16:y:1997:i:3:p:205-217
    DOI: 10.1111/j.1574-0862.1997.tb00455.x
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    Cited by:

    1. Thiele, Rainer, 2000. "Estimating the aggregate agricultural supply response: a survey of techniques and results for developing countries," Kiel Working Papers 1016, Kiel Institute for the World Economy (IfW Kiel).
    2. Gebrehiwet, Yemane & Meyer, Ferdinand H. & Kirsten, Johann F., 2010. "Integrating Agricultural Input Expenditure into a South African Agricultural Sector’s Partial Equilibrium Model," 2010 AAAE Third Conference/AEASA 48th Conference, September 19-23, 2010, Cape Town, South Africa 97050, African Association of Agricultural Economists (AAAE).

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