Showing 1 - 10 of 6,461
This paper uses data that spans different pricing regimes to estimate the aggregateagricultural supply response to price and non-price factors in Zimbabwe. Theautoregressive distributed lag (ARDL) approach to cointegration employed here givesconsistent estimates of supply response in the...
Persistent link: https://www.econbiz.de/10009445899
For many low-income countries, the impact of structural reforms on economic growth and poverty alleviation crucially depends on the response of aggregate agricultural supply to changing incentives. Despite its policy relevance, the size of this parameter is still largely unknown. This paper...
Persistent link: https://www.econbiz.de/10010265459
This paper deals with the question of how responsive farmers in Sub-Saharan Africa (SSA) are to changes in incentives. Employing Johansen's multivariate cointegration approach, it investigates for ten selected SSA countries the long-run effect of pricing policies, macroeconomic distortions, and...
Persistent link: https://www.econbiz.de/10010265526
This paper examines the relevance of incorporating seasonality in agricultural supply models. Former studies have eliminated the problem of seasonality by using seasonally adjusted data. Recent developments in cointegration techniques allow the comprehensive modelling of error-correcting...
Persistent link: https://www.econbiz.de/10010291016
Persistent link: https://www.econbiz.de/10012244287
Beginning in the mid-1980s New Zealand underwent a comprehensive set of economic reforms, which were notable for their breadth and sequencing. The impacts of policy changes on the real exchange rate (RER) and resulting changes in the agricultural sector and related processing industries were the...
Persistent link: https://www.econbiz.de/10010917800
This paper deals with the question of how responsive farmers in Sub-Saharan Africa (SSA) are to changes in incentives. Employing Johansen's multivariate cointegration approach, it investigates for ten selected SSA countries the long-run effect of pricing policies, macroeconomic distortions, and...
Persistent link: https://www.econbiz.de/10005755201
This paper examines the relevance of incorporating seasonality in agricultural supply models. Former studies have eliminated the problem of seasonality by using seasonally adjusted data. Recent developments in cointegration techniques allow the comprehensive modelling of error-correcting...
Persistent link: https://www.econbiz.de/10005764138
In this paper, we examine the presence of stochastic trend (unit root) and structural break in various agriculture-industry terms of trade series in India. The results suggest that underlying data generating process of terms of trade are most likely non-stationary. We subsequently re-examine the...
Persistent link: https://www.econbiz.de/10005770881
The impact of government policy on the dynamics of agricultural supply in Ethiopia during the 1980s is explored. Specifically, an intertemporal acreage allocation model that allows for the impact of compulsory grain delivery is developed. Subsequently, an estimable dynamic acreage demand...
Persistent link: https://www.econbiz.de/10008472234