Product Supply Elasticities for the Australian Broadacre Industries, Estimated with a Programming Model

This paper reports on estimates of the supply response to price changes of Australian broadacre farmers using a programming model. The products examined were beef, sheep meat, wool and cereals. Medium-term own-price and cross-price elasticities were estimated from a designed experiment with the model. These elasticities are presented and discussed in the context of estimates from other studies.


Issue Date:
1985-04
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/12440
Published in:
Review of Marketing and Agricultural Economics, Volume 53, Number 01
Page range:
6-13
Total Pages:
8




 Record created 2017-04-01, last modified 2017-04-27

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