Supply Response for Greek Cereals

Nicholas C Baltas

European Review of Agricultural Economics, 1987, vol. 14, issue 2, 195-220

Abstract: A modification of the Nerlovian model to a rational expectations model is developed and employed to i nvestigate the supply response for Greek cereals in the 1961-82 perio d. Particular attention is given to the impact of weather conditions and to technical progress by inclusion in the model of appropriate va riables related to alternative concepts of technical progress. The ca lculated price elasticities suggest that Greek farmers are reasonably responsive to price changes, though the degree of responsiveness var ies considerably from product to product. Copyright 1987 by Oxford University Press.

Date: 1987
References: Add references at CitEc
Citations: View citations in EconPapers (4)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:erevae:v:14:y:1987:i:2:p:195-220

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

European Review of Agricultural Economics is currently edited by Timothy Richards, Salvatore Di Falco, Céline Nauges and Vincenzina Caputo

More articles in European Review of Agricultural Economics from Oxford University Press and the European Agricultural and Applied Economics Publications Foundation Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().