This paper investigates the rationality and price responsiveness of sugar cane and coffee farmers in Jamaica for the period 1960-1980. The output supplied by these farmers is modeled to incorporate anticipation by farmers of commodity board actions. The structure of constraints imposed by the rationality of these anticipated responses 1s derived and tested by means of a likelihood ratio test statistic. The results support the joint hypothesis of rationality and price responsiveness. Policy implications of the anticipated response function are also identifies
The objective of this study was to test the market efficiency hypothesis of Colombian coffee. This i...
Farmers use different information to predict future returns upon which they base current decisions. ...
Historically, coffee has been an important cash crop in the developing world and a major source of e...
This paper investigates the rationality and price responsiveness of sugar cane and coffee farmers in...
Whether farmers form price expectations adaptively or in a forward-looking manner has implications f...
A dominant theme in the development literature is that individual agricultural products responds to ...
A reduced form supply equation, derived from the structural functions that underlie the coffee suppl...
A dynamic model for agricultural supply where expectation of exogenous variables is assumed to be fo...
Sugar is one of the major exports of Thailand and sugarcane is the most important raw material used...
Believe it or not, there has been prolonged controversy among Anglo Saxon Economists regarding wheth...
Arguments of irrational response of peasants to changes in product prices have been put forward, as ...
The consequences of frequently used price expectation models are analyzed by comparing the responsiv...
Sugarcane produced in India is utilized to manufacture three sweetening agents: sugar, gur, and khan...
Agricultural commodity price volatility in developing countries is a challenging phenomenon that has...
An adaptive regression model is used to examine the relative importance of cash and government suppo...
The objective of this study was to test the market efficiency hypothesis of Colombian coffee. This i...
Farmers use different information to predict future returns upon which they base current decisions. ...
Historically, coffee has been an important cash crop in the developing world and a major source of e...
This paper investigates the rationality and price responsiveness of sugar cane and coffee farmers in...
Whether farmers form price expectations adaptively or in a forward-looking manner has implications f...
A dominant theme in the development literature is that individual agricultural products responds to ...
A reduced form supply equation, derived from the structural functions that underlie the coffee suppl...
A dynamic model for agricultural supply where expectation of exogenous variables is assumed to be fo...
Sugar is one of the major exports of Thailand and sugarcane is the most important raw material used...
Believe it or not, there has been prolonged controversy among Anglo Saxon Economists regarding wheth...
Arguments of irrational response of peasants to changes in product prices have been put forward, as ...
The consequences of frequently used price expectation models are analyzed by comparing the responsiv...
Sugarcane produced in India is utilized to manufacture three sweetening agents: sugar, gur, and khan...
Agricultural commodity price volatility in developing countries is a challenging phenomenon that has...
An adaptive regression model is used to examine the relative importance of cash and government suppo...
The objective of this study was to test the market efficiency hypothesis of Colombian coffee. This i...
Farmers use different information to predict future returns upon which they base current decisions. ...
Historically, coffee has been an important cash crop in the developing world and a major source of e...