Productivity measurement and supply analysis in agriculture.

  • P.C. van den Noort


Supply analysis is an important part of economic analysis, but there are still some inconsistencies and difficulties in the conventional type of analysis. Applying clearly defined concepts of agriculture and " net value added " leads to a new formulation of the supply relationship in agriculture. This formula has been used in a statistical study of Dutch agriculture; it provides some reliable estimates of short and long run supply elasticities and of technical progress in agriculture, allowing some hypotheses about agricultural supply in the Netherlands to be tested. T. A. (Abstract retrieved from CAB Abstracts by CABI’s permission)