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© 1996 Oxford University Press and the Foundation for the European Review of Agricultural Economics

research-article

Ceteris paribus: An evolution within agricultural econometrics*

DAVID A. BESSLER and DAVID DEARMONT

Texas A&M University USA

David A. Bessler, Department of Agricultural Economics, Texas A&M University, College Station, Texas USA

Received March 1, 1995;

Summary

This article considers the role that ceteris paribus has played in the historical development of empirical demand analysis in agriculture. Ceteris paribus was viewed as unobtainable by the early economic statisticians. Econometricians invoked the experimental paradigm to assure ceteris paribus. Whether researchers achieve ceteris paribus in observational data remained, for the first econo-metricians, an unanswered question. However, the next generation of econometricians appear to have taken ceteris paribus for granted. The possibility of an evolutionary economic system suggests that ceteris paribus may not be obtainable outside the laboratory.

Keywords: econometrics, demand analysis, structure, chance, experimental methods


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