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ASYMMETRIC AGRICULTURAL SUPPLY RESPONSE: EVIDENCE FROM BANGLADESH AGRICULTURE

M. Jaforullah

Journal of Agricultural Economics, 1993, vol. 44, issue 3, 490-495

Abstract: This paper investigates whether sugar cane supply in the mill zones of Bangladesh responds asymmetrically to a price rise and a price fall by estimating several models suggested in the literature on agricultural supply. It is found that sugar cane area, in the event of a price rise, is more than twice as elastic as in the event of a price fall, and that this is true both in the short run and the long run.

Date: 1993
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https://doi.org/10.1111/j.1477-9552.1993.tb00290.x

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