A Review of the Arts of Supply Response Analysis

David R. Colman

Review of Marketing and Agricultural Economics, 1983, vol. 51, issue 03, 30

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.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 1983
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Persistent link: https://EconPapers.repec.org/RePEc:ags:remaae:12516

DOI: 10.22004/ag.econ.12516

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