Jongeneel, Roelof A.; Ge, Lan - European Association of Agricultural Economists - EAAE - 2005
This paper analyzes the sources of growth of Dutch agriculture (arable, meat, and dairy sectors). Because the time series data (1950-1997) are non-stationary and not cointegrated, it is argued that a model estimated in first differences should be used. Estimated price elasticities turn out to be...