Measuring the supply response function of tobacco in Zimbabwe

Rosemary Leaver

Agrekon, 2004, vol. 43, issue 01, 19

Abstract: This paper presents an estimate of the price elasticity of supply for tobacco output in Zimbabwe using an adapted Nerlovian model. The results indicate a short-run elasticity of +0.34 and a long-run elasticity of +0.81, suggesting that tobacco farmers are highly unresponsive to price changes. These estimates are similar to those obtained for tobacco in supply response studies conducted in other developing African countries.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (12)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:agreko:9473

DOI: 10.22004/ag.econ.9473

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