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Estimating the aggregate agricultural supply response : a survey of techniques and results for developing countries

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dc.creator Thiele, Rainer
dc.date 2000
dc.date.accessioned 2013-10-16T06:02:30Z
dc.date.available 2013-10-16T06:02:30Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/2516
dc.identifier ppn:323447430
dc.identifier ppn:323447430
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/2516
dc.description 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 discusses the different approaches which may be employed to quantify the agricultural supply response. It turns out that none of these approaches is likely to deliver unbiased estimates. While in cross-country regressions the problem of unobserved country characteristics cannot be fully eliminated, time-series estimations tend to suffer from the Lucas critique. Any comprehensive empirical analysis should thus rely on more than one technique in order to check the robustness of results.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kiel Working Papers 1016
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject D68
dc.subject Q11
dc.subject C21
dc.subject C22
dc.subject ddc:330
dc.subject agricultural supply response
dc.subject cross-country regressions
dc.subject Nerlove method
dc.subject co-integration
dc.subject dynamic general equilibrium analysis
dc.subject Landwirtschaft
dc.subject Gesamtwirtschaftliches Angebot
dc.subject Elastizität
dc.subject Agrarproduktion
dc.subject Produktionsfunktion
dc.subject Schätztheorie
dc.subject Zeitreihenanalyse
dc.subject Dynamisches Gleichgewicht
dc.subject Regression
dc.subject Theorie
dc.subject Welt
dc.title Estimating the aggregate agricultural supply response : a survey of techniques and results for developing countries
dc.type doc-type:workingPaper


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