MODELING THE SOUTH AFRICAN AGRICULTURAL PRODUCTION STRUCTURE AND FLEXIBILITY OF INPUT SUBSTITUTION

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.


Issue Date:
2001
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/18049
Total Pages:
12
Series Statement:
Working Paper 2001-10




 Record created 2017-04-01, last modified 2017-08-22

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