APPLICATION OF FRISH'S METHODOLOGY IN DERIVING DIRECT AND CROSS PRICE ELASTICITIES OF DEMAND FOR FOODGRAINS IN DIFFERENT REGIONS OF ANDHRA PRADESH

J. Krishnaiah and S. Krishnamoorthy

Agricultural Economics Research Review, 1990, vol. 03, issue 01&2

Abstract: Using Frish's methodology and time series and cross section data the study derived direct and cross price elasticitics of demand for foodgrains in different regions of Andhra Pradesh. The expenditure elasticities indicated that the commodities are mostly normal. The expenditure elasticity coefficients were higher in rural areas as compared to other regions. It was observed that people were more sensitive to changes in the prices of rice compared to other items, particularly in Coastal Andhra Pradesh. The study assumes significance in the light of the emphasis on regional planning.

Keywords: Crop Production/Industries; Demand and Price Analysis (search for similar items in EconPapers)
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aerrae:265905

DOI: 10.22004/ag.econ.265905

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