APPLICATION OF FRISH'S METHODOLOGY IN DERIVING DIRECT AND CROSS PRICE ELASTICITIES OF DEMAND FOR FOODGRAINS IN DIFFERENT REGIONS OF ANDHRA PRADESH

Using Frish's methodology and time series and cross section data the study derived direct and cross price elasticitics of demand for foodgrains in different regions of Andhra Pradesh. The expenditure elasticities indicated that the commodities are mostly normal. The expenditure elasticity coefficients were higher in rural areas as compared to other regions. It was observed that people were more sensitive to changes in the prices of rice compared to other items, particularly in Coastal Andhra Pradesh. The study assumes significance in the light of the emphasis on regional planning.


Issue Date:
1990
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/265905
ISSN:
0971-3441
Language:
English
Published in:
Agricultural Economics Research Review, Volume 03, Number 1&2
Page range:
8-19




 Record created 2017-12-14, last modified 2018-04-02

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