ESTIMATING INDIVIDUAL FARM SUPPLY AND DEMAND ELASTICITIES USING NONPARAMETRIC PRODUCTION ANALYSIS

Stefanides, Zdenko; Tauer, Loren W.

doi:10.22004/ag.econ.14743

ESTIMATING INDIVIDUAL FARM SUPPLY AND DEMAND ELASTICITIES USING NONPARAMETRIC PRODUCTION ANALYSIS

Nonparametric production methods are used to estimate individual supply response and input demand elasticities for a group of New York dairy farm businesses. The ranges of estimates from the upper and lower bounds are extremely large, probably because only nine observations (years) are available for each farm.

Subject(s):

Demand and Price Analysis

Issue Date:

1997

Publication Type:

Working or Discussion Paper

DOI and Other Identifiers:

10.22004/ag.econ.14743

Record Identifier:

https://ageconsearch.umn.edu/record/14743

PURL Identifier:

http://purl.umn.edu/14743