Agricultural factor use and substitution in the south-eastern United States
  • Metaadatok
Tartalom: http://repo.aki.gov.hu/3058/
Archívum: AKI Repository
Gyűjtemény: Status = Published
Subject = Q - Agricultural and Natural Resource Economics – Environmental and Ecological Economics: Q00 - General
Subject = Q - Agricultural and Natural Resource Economics – Environmental and Ecological Economics
Type = Article
Cím:
Agricultural factor use and substitution in the south-eastern United States
Létrehozó:
Ejimakor, Godfrey
Quaicoe, Obed
Asiseh, Fafanyo
Kiadó:
Agrárgazdasági Kutató Intézet
Dátum:
2017
Téma:
Q - Agricultural and Natural Resource Economics – Environmental and Ecological Economics
Q00 - General
Tartalmi leírás:
A study of the agricultural factor markets that support the farm economy of the southeastern United States aids the understanding of how farmers change the mix of factors as product and factor prices change. Factor demand elasticities were estimated for capital, land, labour, chemicals, energy and other intermediate inputs. On average; labour accounted for USD 0.410 of every USD 1 spent on agricultural inputs followed by other intermediate inputs, which accounted for USD 0.255. The demands for farm labour and other intermediate inputs were inelastic. The demand for farm chemicals was elastic, which indicates a lack of pricing power by companies that sell them. A substantial reduction in the use of farm chemicals could be achievable by increasing their price. Most of the factors are substitutes with the exceptions of capital and energy, and land and chemicals; which were found to be complements.
Nyelv:
magyar
Típus:
Article
PeerReviewed
Formátum:
application/pdf
Azonosító:
Ejimakor, Godfrey and Quaicoe, Obed and Asiseh, Fafanyo (2017): Agricultural factor use and substitution in the south-eastern United States. Studies in Agricultural Economics, 119 (3). pp. 156-159. ISSN 2063 0476
Kapcsolat:
10.7896/j.1715