An Analysis of Factor Demand Elasticity for Wheat Production in the Trakya Region of Turkey
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Dosyalar
Tarih
2011
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Univ Philippines Los Banos
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
The study investigated the elasticity of factor demand of wheat in the Trakya region of Turkey. Data were collected from 167 wheat producers in the Trakya region. The translog cost function was used to determine the relations among the production factors. Price-demand, cross price-demand and Morishima technical substitution elasticities and Allen partial substitution elasticities were calculated. The highest input price-demand elasticity was equal to -1.36 for diesel fuel, indicating that wheat producers were more sensitive to diesel fuel prices than the other input prices. On the other hand, the lowest input price-demand elasticity was equal to -0.63 for labor cost. The highest Morishima elasticity was equal to 2.69 between the cost of fertilizer and that of pesticides. The efficiency coefficients and their signs seemed to indicate that wheat producers were highly sensitive to increases in input prices. Farmers had less use high price input or more use substitution inputs for cost minimization.
Açıklama
Anahtar Kelimeler
Allen partial substitution elasticity, input price elasticity, Morishima technical substitution elasticity, translog cost function
Kaynak
Philippine Agricultural Scientist
WoS Q Değeri
Q3
Scopus Q Değeri
Q4
Cilt
94
Sayı
3
