© 1984 Oxford University Press and the Foundation for the European Review of Agricultural Economics
research-article |
Farm sypply response in Kenya: Acreage allocation model
International Institute for Applied Systems Analysis Laxenburg, Austria
Received March 1, 1984;
Summary
Employing ARIMA estimations of expected prices and yields, Nerlovian response functions are estimated for large and small farms in Kenya. Results show that (expected) yield levels, rather than expected prices affect the supply response of small farms, whereas large farms react more strongly to prices.