Modelling the South African Agricultural Production Structure and Flexibility of Input Substitution

Daneswar Poonyth, Johan van Zyl, Nick Vink and Johann Kirsten

No 125866, 2001 Conference (45th), January 23-25, 2001, Adelaide, Australia from Australian Agricultural and Resource Economics Society

Abstract: This paper evaluates the production structure of the South African agricultural sector for the period 1970-1998, using a translog function. The results show that the production structure is best represented by production technology that is Hicks-neutral and homothetic. This information is useful in evaluating the results of previous research on the structure of South African agricultural production, particularly relatively recent research on elasticities of substitution. In addition, it also provides the basis for meaningful future analysis of aspects related to the production structure of agriculture.

Keywords: Agribusiness; Production Economics (search for similar items in EconPapers)
Pages: 14
Date: 2001-01
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Citations: View citations in EconPapers (1)

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Related works:
Working Paper: MODELING THE SOUTH AFRICAN AGRICULTURAL PRODUCTION STRUCTURE AND FLEXIBILITY OF INPUT SUBSTITUTION (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aare01:125866

DOI: 10.22004/ag.econ.125866

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