Agricultural supply response in the Argentinean economy

Authors

  • Alberto Herrou-Aragón

Keywords:

agricultura, JEL: C1, O13, O54

Abstract

This paper estimates a reduced-form agricultural supply function for the Argentinean economy within the framework of a general equilibrium model. The results of the estimation using data covering the years 1939-1984 show that there is a statistically significant long-run supply price elasticity of agricultural output of about 1.3, and that the convergence to an equilibrium state is achieved in about nine years. The estimated agricultural supply price elasticity is found to be about three times larger than previous estimates using partial equilibrium models.

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Published

2007-12-30

How to Cite

Herrou-Aragón, A. (2007). Agricultural supply response in the Argentinean economy. Económica, 53, p. 73–100. Retrieved from https://revistas.unlp.edu.ar/Economica/article/view/5497

Issue

Vol. 53 (2007)

Section

Articles

License

The material published in the journal is distributed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) license. This license requires proper credit to be given, a link to the license to be provided, and changes to be indicated. It does not permit commercial use of the work, and if the work is remixed, transformed, or otherwise modified, distribution of such modification is not allowed.