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Farm Price Determination in Structural Models: Implications of Quantity-Dependent and Price-Dependent Specifications

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  • Chen, Dean T.
  • Dharmaratne, Gerard

Abstract

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  • Chen, Dean T. & Dharmaratne, Gerard, 1990. "Farm Price Determination in Structural Models: Implications of Quantity-Dependent and Price-Dependent Specifications," Research Reports 257906, Texas A&M University, Agricultural and Food Policy Center.
    • Handle: RePEc:ags:tamfrr:257906
    DOI: 10.22004/ag.econ.257906
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    File URL: https://ageconsearch.umn.edu/record/257906/files/magr-texasam-061.pdf
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    References listed on IDEAS

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    1. E. J. Working, 1927. "What Do Statistical "Demand Curves" Show?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 41(2), pages 212-235.
    2. Thurman, Walter N, 1986. "Endogeneity Testing in a Supply and Demand Framework," The Review of Economics and Statistics, MIT Press, vol. 68(4), pages 638-646, November.
    3. James P. Houck, 1966. "A Look at Flexibilities and Elasticities," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 48(2), pages 225-232.
    4. Shonkwiler, J S & Taylor, T G, 1984. "The Implications of Estimating Market Demand Curves by Least Squares Regression," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 11(1), pages 107-118.
    5. Drud, Arne, 1983. "A survey of model representations and simulation algorithms in some existing modeling systems," Journal of Economic Dynamics and Control, Elsevier, vol. 5(1), pages 5-35, February.
    6. Unknown, 1989. "A structural econometric model of the World wheat market," Technical Bulletins 312303, United States Department of Agriculture, Economic Research Service.
    7. Dale Heien, 1977. "Price Determination Processes for Agricultural Sector Models," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(1), pages 126-132.
    8. Just, Richard E., 1989. "Modelling the Interactive Effect of Alternative Sets of Policies on Agricultural Prices," Working Papers 197611, University of Maryland, Department of Agricultural and Resource Economics.
    9. Dean T. Chen, 1977. "The Wharton Agricultural Model: Structure, Specification, and Some Simulation Results," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(1), pages 107-116.
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    Cited by:

    1. Vere, David T. & Griffith, Garry R., 1995. "Forecasting in the Australian Lamb Industry: the Influence of Alternate Price Determination Processes," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 63(03), pages 1-11, December.

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    Keywords

    Demand and Price Analysis; Farm Management;

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