EconPapers    
Economics at your fingertips  
 

Price Elasticity of the Marketed Surplus of a Subsistence Crop

Jere Behrman

American Journal of Agricultural Economics, 1966, vol. 48, issue 4_Part_I, 875-893

Abstract: The supply response of the marketed surplus of food grains in the agricultural sector of less-developed countries has long been a subject of debate in discussions of the effects of such policies as P.L. 480 disposals, food price regulations, and export taxes. Estimates of this response have been very few because the lack of time-series data for marketed quantities precludes direct estimation. This article presents a model for the indirect estimation of the price elasticity of the marketed surplus of a subsistence crop. The model is contrasted with an earlier model presented by Raj Krishna. The model is then applied to the case of Thai rice. In this application, some new nonlinear estimates of a Nerlovian model for the total supply response of Thai rice production are also presented and discussed.

Date: 1966
References: Add references at CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://hdl.handle.net/10.2307/1236619 (application/pdf)
Access to full text is restricted to subscribers.

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:oup:ajagec:v:48:y:1966:i:4_part_i:p:875-893.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().

 
Page updated 2025-04-07
Handle: RePEc:oup:ajagec:v:48:y:1966:i:4_part_i:p:875-893.