Documentation of the Elasticities Underlying the Current Grains, Oilseeds, and Livestock (GOL) Model

Robert V. Bishop

No 333356, Economics Statistics and Cooperative Services (ESCS) Reports from United States Department of Agriculture, Economic Research Service

Abstract: Excerpt from the paper: This paper presents all of the price elasticities currently contained in the World Grain, Oilseeds and Livestock (GOL) Model. The elasticities presented here differ from those listed in Alternative Futures for World Food in 1985, Volume 3 (FAER 151) since many of the intercept terms of the model’s equations have been adjusted as new information has become available. The first part of this paper describes the construction of the "synthesized coefficients" in each of the equations. The second part describes the effect of changing intercept terms on the assumed elasticities underlying the model.

Keywords: Demand and Price Analysis; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 214
Date: 1980-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/333356/files/IEDwpElasticitiesGOL.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uerscs:333356

DOI: 10.22004/ag.econ.333356

Access Statistics for this paper

More papers in Economics Statistics and Cooperative Services (ESCS) Reports from United States Department of Agriculture, Economic Research Service Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().