Egypt's Multiproduct Agricultural Technology and Agricultural Policy.
Based on the hypothesis that Egyptian farmers maximise economic profits, the multiproduct translog profit function is used to estimate input demand and output supply functions for corn, rice, and cotton crops grown in Egypt's Nile delta. Elasticity estimates indicate a generally high degree of price...
| Publicado en: | Journal of Development Studies Vol. 22; no. 4; pp. 709 - 724 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Taylor & Francis Ltd
Jul86
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| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | Based on the hypothesis that Egyptian farmers maximise economic profits, the multiproduct translog profit function is used to estimate input demand and output supply functions for corn, rice, and cotton crops grown in Egypt's Nile delta. Elasticity estimates indicate a generally high degree of price responsiveness. The estimates are used to evaluate Egyptian agricultural policies concerning labour, mechanisation, and output prices. The results show that Egypt's agricultural policies of taxing output and subsidising certain inputs have had a substantial negative impact on agricultural productivity. |
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