The Italian tomato industry: An econometric analysis for the period 1955 to 1976

Renato Pieri and GianCarlo Moschini

European Review of Agricultural Economics, 1979, vol. 6, issue 3, 365-384

Abstract: Summary The authors' intention is to contribute to the empirical knowledge of the Italian tomato market. They have estimated supply functions for five different production areas and for Italy as a whole, and, in addition, demand functions for fresh consumption and for processing purposes. The supply elasticity was calculated taking into account the price of tomatoes and labour costs and the demand elasticity with the price of tomatoes. Supply equations were estimated using both OLS and Hildreth and Lu's procedures. The demand estimation was calculated with a simultaneous equation model applying the 2 SLS procedure.

Date: 1979
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