The supply response of aggregate agricultural output in Jamaica

dc.creatorGafar, John
dc.date2017-04-01T19:42:43Z
dc.date.accessioned2026-07-09T08:10:06Z
dc.descriptionA dominant theme in the development literature is that individual agricultural products responds to price incentives, not because of shifts between products, but that total agricultural output is not responsive to price. The econometric evidence for Jamaica shows that this presumption is not valid. The paper begins by reviewing the growth experience of the Jamaican economy. It then analyzes the trends in agricultural production. The remainder of the paper provides the econometric estimates of broad agricultural output to price. The empirical evidence shows that aggregate agricultural output is responsive to price, but it will take time for agricultural production to materialize. A summary of the published estimates of the supply response for individual crops is also presented.
dc.identifierdoi:10.22004/ag.econ.174069
dc.identifierhttps://ageconsearch.umn.edu/record/174069/files/agec1997v016i003a005.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/174069
dc.identifier.urihttp://hdl.handle.net/123456789/596269
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/174069
dc.titleThe supply response of aggregate agricultural output in Jamaica
dc.typeText

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