Dynamic supply response of farm households in Ethiopia
We study the dynamics of the supply response of smallholder grain producers to changes in crop prices and costs of production in Ethiopia. We develop an intertemporal acreage demand allocation model of a representative household under a rational expectations hypothesis. An estimable acreage demand e...
| Autores principales: | , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
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International Food Policy Research Institute
2015
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/151371 |
| _version_ | 1855526206058790912 |
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| author | Bachewe, Fantu Nisrane Taffesse, Alemayehu Seyoum |
| author_browse | Bachewe, Fantu Nisrane Taffesse, Alemayehu Seyoum |
| author_facet | Bachewe, Fantu Nisrane Taffesse, Alemayehu Seyoum |
| author_sort | Bachewe, Fantu Nisrane |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | We study the dynamics of the supply response of smallholder grain producers to changes in crop prices and costs of production in Ethiopia. We develop an intertemporal acreage demand allocation model of a representative household under a rational expectations hypothesis. An estimable acreage demand equation is derived and estimated for teff, an important staple grain in Ethiopia. We apply systems and linear dynamic panel data models to a data set covering a time period marked with remarkable agricultural and macroeconomic growth and smallholder-focused economic policies. The results indicate that teff acreage demand increases faster than permanent increases in real teff prices, and it rises by a third of temporary price increases. Moreover, teff acreage demand declines with increases in the opportunity cost of producing teff. |
| format | Artículo preliminar |
| id | CGSpace151371 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2015 |
| publishDateRange | 2015 |
| publishDateSort | 2015 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1513712025-12-08T10:29:22Z Dynamic supply response of farm households in Ethiopia Bachewe, Fantu Nisrane Taffesse, Alemayehu Seyoum economic theory data analysis teff supply balance demand smallholders incentives prices We study the dynamics of the supply response of smallholder grain producers to changes in crop prices and costs of production in Ethiopia. We develop an intertemporal acreage demand allocation model of a representative household under a rational expectations hypothesis. An estimable acreage demand equation is derived and estimated for teff, an important staple grain in Ethiopia. We apply systems and linear dynamic panel data models to a data set covering a time period marked with remarkable agricultural and macroeconomic growth and smallholder-focused economic policies. The results indicate that teff acreage demand increases faster than permanent increases in real teff prices, and it rises by a third of temporary price increases. Moreover, teff acreage demand declines with increases in the opportunity cost of producing teff. 2015-09-18 2024-08-01T02:56:55Z 2024-08-01T02:56:55Z Working Paper https://hdl.handle.net/10568/151371 en Open Access application/pdf International Food Policy Research Institute Ethiopian Development Research Institute Bachewe, Fantu Nisrane and Taffesse, Alemayehu Seyoum. 2015. Dynamic supply response of farm households in Ethiopia. ESSP II Working Paper 78. Washington, DC and Addis Ababa, Ethiopia: International Food Policy Research Institute and Ethiopian Development Research Institute (EDRI). https://hdl.handle.net/10568/151371 |
| spellingShingle | economic theory data analysis teff supply balance demand smallholders incentives prices Bachewe, Fantu Nisrane Taffesse, Alemayehu Seyoum Dynamic supply response of farm households in Ethiopia |
| title | Dynamic supply response of farm households in Ethiopia |
| title_full | Dynamic supply response of farm households in Ethiopia |
| title_fullStr | Dynamic supply response of farm households in Ethiopia |
| title_full_unstemmed | Dynamic supply response of farm households in Ethiopia |
| title_short | Dynamic supply response of farm households in Ethiopia |
| title_sort | dynamic supply response of farm households in ethiopia |
| topic | economic theory data analysis teff supply balance demand smallholders incentives prices |
| url | https://hdl.handle.net/10568/151371 |
| work_keys_str_mv | AT bachewefantunisrane dynamicsupplyresponseoffarmhouseholdsinethiopia AT taffessealemayehuseyoum dynamicsupplyresponseoffarmhouseholdsinethiopia |