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Product Supply Elasticities for the Australian Broadacre Industries, Estimated with a Programming Model

Nigel H. Hall and Kenneth M. Menz

Review of Marketing and Agricultural Economics, 1985, vol. 53, issue 01, 8

Abstract: This paper reports on estimates of the supply response to price changes of Australian broadacre farmers using a programming model. The products examined were beef, sheep meat, wool and cereals. Medium-term own-price and cross-price elasticities were estimated from a designed experiment with the model. These elasticities are presented and discussed in the context of estimates from other studies.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 1985
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Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:remaae:12440

DOI: 10.22004/ag.econ.12440

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