Aggregate Agricultural Supply Response in Developing Countries
Title | Aggregate Agricultural Supply Response in Developing Countries PDF eBook |
Author | Maurice W. Schiff |
Publisher | World Bank Publications |
Pages | 32 |
Release | 1995 |
Genre | Agricultural prices |
ISBN |
Supply Response in Underdeveloped Agriculture
Title | Supply Response in Underdeveloped Agriculture PDF eBook |
Author | Jere R. Behrman |
Publisher | |
Pages | 0 |
Release | 1968 |
Genre | Agriculture |
ISBN |
Aggregate Agricultural Supply Response in Developing Countries
Title | Aggregate Agricultural Supply Response in Developing Countries PDF eBook |
Author | Maurice Schiff |
Publisher | |
Pages | 32 |
Release | 2016 |
Genre | |
ISBN |
Time series estimates can provide an accurate picture of past behavioral relations, but they are not an adequate basis for forecasting the impact of policy reform. They typically generate a downward-biased estimate of the response to a credible reform.Schiff and Montenegro review several studies of the aggregate agricultural supply response.Using both economic and econometric reasons, they argue that time series estimation typically generates a downward-biased estimate of the response to a credible reform.Even though time series estimates can provide an accurate picture of past behavioral relations, they do not provide an adequate basis for forecasting the impact of policy reform. This is especially true in developing countries, where policy reforms involve large changes and have included agricultural price reform, industrial trade liberalization, financial sector reform, and macroeconomic stabilization.Under those circumstances, parameter values obtained under the former policy regime have little relevance in the new regime.Schiff and Montenegro also argue that investments in public goods should be viewed as complementary to, not competitive with, price policy.They claim that to select the policy with the biggest impact on output makes no sense. They provide what they consider to be better criteria for choosing the best from alternative policies.This paper - a product of the International Trade Division, International Economics Department - is part of a larger effort in the department to understand the impact of policy reforms.
Supply Response in Underdeveloped Agriculture
Title | Supply Response in Underdeveloped Agriculture PDF eBook |
Author | Jere R. Behrman |
Publisher | Amsterdam : North-Holland |
Pages | 478 |
Release | 1968 |
Genre | Agriculture |
ISBN |
Case study of agricultural production in Thailand during the period from 1937 to 1963 as an example of the response of traditional agriculture to supply and demand in developing countries - covers production factors, cultivation techniques, price elasticity, etc., and includes econometric models and statistical analysis of supply responsiveness. References, and bibliography pp. 422 to 439.
Aggregate Agricultural Supply Response in Developing Countries
Title | Aggregate Agricultural Supply Response in Developing Countries PDF eBook |
Author | Maurice Schiff |
Publisher | |
Pages | |
Release | 1999 |
Genre | |
ISBN |
July 1995 Time series estimates can provide an accurate picture of past behavioral relations, but they are not an adequate basis for forecasting the impact of policy reform. They typically generate a downward-biased estimate of the response to a credible reform. Schiff and Montenegro review several studies of the aggregate agricultural supply response. Using both economic and econometric reasons, they argue that time series estimation typically generates a downward-biased estimate of the response to a credible reform. Even though time series estimates can provide an accurate picture of past behavioral relations, they do not provide an adequate basis for forecasting the impact of policy reform. This is especially true in developing countries, where policy reforms involve large changes and have included agricultural price reform, industrial trade liberalization, financial sector reform, and macroeconomic stabilization. Under those circumstances, parameter values obtained under the former policy regime have little relevance in the new regime. Schiff and Montenegro also argue that investments in public goods should be viewed as complementary to, not competitive with, price policy. They claim that to select the policy with the biggest impact on output makes no sense. They provide what they consider to be better criteria for choosing the best from alternative policies. This paper--a product of the International Trade Division, International Economics Department--is part of a larger effort in the department to understand the impact of policy reforms.
Aggregate Supply Response of Crops in a Developing Region
Title | Aggregate Supply Response of Crops in a Developing Region PDF eBook |
Author | S. L. Bapna |
Publisher | |
Pages | 184 |
Release | 1980 |
Genre | Agricultural productivity |
ISBN |
Study of Ajmer District, Rajasthan, India, 1956-57 to 1976-77.
Supply Response in Underdeveloped Agriculture
Title | Supply Response in Underdeveloped Agriculture PDF eBook |
Author | Jere Richard Behrman |
Publisher | |
Pages | 446 |
Release | 1968 |
Genre | |
ISBN |