Government policy and Dynamic supply Response: A study of the Compulsory Grain Delivery System

The impact of government policy on the dynamics of agricultural supply in 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 equation is derived, and estimated for a crop using regionlevel data. Generalized method of moments (GMM) estimators for dynamic panel data models are used. The elasticity estimates thus obtained suggest that the demand for crop acreage (and hence the supply of crop output) responded negatively to the level of forced grain procurement, and positively to output price.


Editor(s):
Getnet, Alemu
Alemayehu, Seyoum
Alemu, Mekonnen
Eyob, Tesfaye
Gezahegn, Ayele
Diwan, Ishak
Issue Date:
2005-05
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/250051
Published in:
Ethiopian Journal of Economics, Volume 09, Number 2
Page range:
1-42
Total Pages:
130
Series Statement:
ETHIOPIAN JOURNAL OF ECONOMICS
VOLUME IX NUMBER 2 october 2000




 Record created 2017-04-01, last modified 2017-08-29

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