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Distributed lags and Estimation of Long-Run Supply and Demand Elasticities: Theoretical Considerations


  • Marc Nerlove


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  • Marc Nerlove, 1958. "Distributed lags and Estimation of Long-Run Supply and Demand Elasticities: Theoretical Considerations," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 40(2), pages 301-310.
  • Handle: RePEc:oup:ajagec:v:40:y:1958:i:2:p:301-310.

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    References listed on IDEAS

    1. Parzival Copes, 1986. "A Critical Review of the Individual Quota as a Device in Fisheries Management," Land Economics, University of Wisconsin Press, vol. 62(3), pages 278-291.
    2. Hansen, Lars Garn & Romstad, Eirik, 2007. "Non-point source regulation -- A self-reporting mechanism," Ecological Economics, Elsevier, vol. 62(3-4), pages 529-537, May.
    3. Squires Dale & Alauddin Mohammad & Kirkley James, 1994. "Individual Transferable Quota Markets and Investment Decisions in the Fixed Gear Sablefish Industry," Journal of Environmental Economics and Management, Elsevier, vol. 27(2), pages 185-204, September.
    4. Horan, Richard D. & Shortle, James S. & Abler, David G., 1998. "Ambient Taxes When Polluters Have Multiple Choices," Journal of Environmental Economics and Management, Elsevier, vol. 36(2), pages 186-199, September.
    5. Segerson, Kathleen, 1988. "Uncertainty and incentives for nonpoint pollution control," Journal of Environmental Economics and Management, Elsevier, vol. 15(1), pages 87-98, March.
    6. Ragnar Arnason, 1990. "Minimum Information Management in Fisheries," Canadian Journal of Economics, Canadian Economics Association, vol. 23(3), pages 630-653, August.
    7. Wilen, James E., 2000. "Renewable Resource Economists and Policy: What Differences Have We Made?," Journal of Environmental Economics and Management, Elsevier, vol. 39(3), pages 306-327, May.
    8. Jensen, Frank & Vestergaard, Niels, 2002. "Moral hazard problems in fisheries regulation: the case of illegal landings and discard," Resource and Energy Economics, Elsevier, vol. 24(4), pages 281-299, November.
    9. Smith, Vernon L, 1969. "On Models of Commercial Fishing," Journal of Political Economy, University of Chicago Press, vol. 77(2), pages 181-198, March/Apr.
    10. Jon G. Sutinen & Peder Andersen, 1985. "The Economics of Fisheries Law Enforcement," Land Economics, University of Wisconsin Press, vol. 64(4), pages 387-397.
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    Cited by:

    1. Bailey, Kenneth W. & Womack, Abner W., 1985. "Wheat Acreage Response: A Regional Econometric Approach," CNFAP Staff Reports 244132, Food and Agricultural Policy Research Institute (FAPRI).
    2. Meilke, Karl D. & Weersink, Alfons, 1991. "An Analysis of the Effects of Government Payments to Grain and Oilseeds Producers on Cropping Decisions," Working Papers 244081, Agriculture and Agri-Food Canada.
    3. A. Chowdhury & Cary Herndon, 2000. "Supply response of farm program in rice-growing states," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 6(4), pages 771-781, November.
    4. Jean-Claude Nascimento & Marc Raffinot, 1985. "Politique de prix agricoles et comportement des producteurs : le cas de l'arachide au Sénégal," Revue Économique, Programme National Persée, vol. 36(4), pages 779-796.
    5. Meilke, Karl D. & Coleman, Jonathan R., 1986. "An Evaluation of the Influence of Exchange Rates on the Canadian Red Meat Sector," Working Papers 244739, University of Guelph, Department of Food, Agricultural and Resource Economics.
    6. Brar, Jagjit S., 1977. "Estimation Of Economic Rent As A Measure Of Factor Owners' Welfare," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 1(01), June.
    7. McClements, L.D., 1968. "A Quarterly Econometric Model of Pig Supply," Bulletins 232763, University of Manchester, School of Economics, Agricultural Economics Department.
    8. Bailey, Kenneth W. & Womack, Abner W., 1985. "Wheat Acreage Response: A Regional Econometric Investigation," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 17(02), December.
    9. Houck, James P. & Subotnik, Abraham, 1969. "The U.S. Supply of Soybeans: legional Acreage Functions," Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, issue 4.
    10. Capps, Oral, Jr. & Havlicek, Joseph, Jr., 1978. "The Demand For Gasoline And Diesel Fuel In Agricultural Use In Virginia," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 10(01), July.
    11. Hsiang-Ke Chao, 2001. "Milton Friedman and the Emergence of the Permanent Income Hypothesis," Tinbergen Institute Discussion Papers 01-053/1, Tinbergen Institute.
    12. Liu, Hsiang-Hsi, 1983. "An annual simultaneous equation econometric model of U.S. corn and soybean cash and futures markets," ISU General Staff Papers 198301010800009935, Iowa State University, Department of Economics.
    13. Lambert, Dayton M. & Griffin, Terry W., 2004. "Analysis Of Government Farm Subsidies On Farmland Cash Rental Rates Using A Fixed Effect Spatial Distributed Lag Model And A Translog Cost Model," 2004 Annual meeting, August 1-4, Denver, CO 19977, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    14. Mukherjee, Paramita & Mukherjee, Vivekananda & Das, Debasmita, 2017. "Estimating elasticity of import demand for gold in India," Resources Policy, Elsevier, vol. 51(C), pages 183-193.
    15. Hornung, Jonathan T. & Ward, Clement E., 2005. "Positive Market Effects from a Meatpacking Plant Opening: Perceptions and Reality," CAFRI: Current Agriculture, Food and Resource Issues, Canadian Agricultural Economics Society, issue 06.
    16. Ranjan Paltasingh, Kirtti & Goyari, Phanindra, 2013. "Supply Response in Rainfed Agriculture of Odisha, Eastern India: A Vector Error Correction Approach," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 14(2), June.

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