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  • This article deals with the methodology for the construction of elasticities in the partial market equilibrium models in agriculture. Within such models, ESIM, AGLINK, PEM, and MFSS99 are the best-known ones worldwide, whereas in the Czech Republic, it is that of AGRO-3. These models are based on constructing supply and demand functions that are grounded on price elasticities representing the sensitivity of supply and demand quantities in agriculture to changes in prices of agricultural commodities, or inputs. This article shows two methods for the construction of elasticities, both developed by the authors in VÚZE (Research Institute for Agricultural Economics). The method 1 is based on minimization of quadratic differences. The method 2 for constructing proportional differences of direct price and income elasticities uses Frisch's theory for the construction of cross elasticities. Furthermore, problems of uniqueness and non-uniqueness in the construction of elasticity matrices are examined and crite
  • This article deals with the methodology for the construction of elasticities in the partial market equilibrium models in agriculture. Within such models, ESIM, AGLINK, PEM, and MFSS99 are the best-known ones worldwide, whereas in the Czech Republic, it is that of AGRO-3. These models are based on constructing supply and demand functions that are grounded on price elasticities representing the sensitivity of supply and demand quantities in agriculture to changes in prices of agricultural commodities, or inputs. This article shows two methods for the construction of elasticities, both developed by the authors in VÚZE (Research Institute for Agricultural Economics). The method 1 is based on minimization of quadratic differences. The method 2 for constructing proportional differences of direct price and income elasticities uses Frisch's theory for the construction of cross elasticities. Furthermore, problems of uniqueness and non-uniqueness in the construction of elasticity matrices are examined and crite (en)
Title
  • Methodological Techniques for Construction and Statistical Analysis of Supply and Demand Elasticities in Agriculture Sector Models (Ivan Foltýn, Pavel Froněk, čas. Zem. ekonomika, 2001)
  • Methodological Techniques for Construction and Statistical Analysis of Supply and Demand Elasticities in Agriculture Sector Models (Ivan Foltýn, Pavel Froněk, čas. Zem. ekonomika, 2001) (en)
skos:prefLabel
  • Methodological Techniques for Construction and Statistical Analysis of Supply and Demand Elasticities in Agriculture Sector Models (Ivan Foltýn, Pavel Froněk, čas. Zem. ekonomika, 2001)
  • Methodological Techniques for Construction and Statistical Analysis of Supply and Demand Elasticities in Agriculture Sector Models (Ivan Foltýn, Pavel Froněk, čas. Zem. ekonomika, 2001) (en)
skos:notation
  • RIV/00027251:_____/01:1401011!RIV/2004/MZE/M11004/N
http://linked.open.../vavai/riv/strany
  • 549-553
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  • 686626
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  • RIV/00027251:_____/01:1401011
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  • economico-mathematical models in agriculture, partial market equilibrium, prediction, supply and demand functions, elasticities, methods for construction of elasticities, statistical equivalence, t-test, cluster analysis (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...ontrolniKodProRIV
  • [04EC2C01E6BF]
http://linked.open...i/riv/nazevZdroje
  • Agriculture Economics
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
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http://linked.open...ocetUcastnikuAkce
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  • 47
http://linked.open...iv/tvurceVysledku
  • Foltýn, Ivan
issn
  • 0139-570X
number of pages
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