Skip Navigation

This Article
Right arrow Full Text (PDF)
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Alert me to new issues of the journal
Right arrow Add to My Personal Archive
Right arrow Download to citation manager
Right arrowRequest Permissions
Google Scholar
Right arrow Articles by FELLI, E.
Right arrow Articles by PIERSAN, G.
Right arrow Search for Related Content
Social Bookmarking
Add to CiteULike   Add to Connotea   Add to Del.icio.us  
What's this?

© 1982 Oxford University Press and the Foundation for the European Review of Agricultural Economics

other

Modelling demand and price equations of the Italian agricultural sector*

ERNESTO FELLI and GIOVANNI PIERSAN

University of Abruzzo Teramo, Italy

Received December 1, 1981; final version received September 1, 1982

Summary

A model is presented, which determines consumption, retail prices, imports and marketing services of food products, separated into food of animal and $$$ vegetable origin. The relations are specified employing distributed lags, the coefficients of which are restricted so as to secure long run dynamic equilibrium.

The resulting equations indicate income and price inelastic consumer food expenditure, whereas imports are very sensitive to income changes, but not to price changes. Retail price changes are found to be dominated by marketing service price changes.


Add to CiteULike CiteULike   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us    What's this?




Disclaimer:
Please note that abstracts for content published before 1996 were created through digital scanning and may therefore not exactly replicate the text of the original print issues. All efforts have been made to ensure accuracy, but the Publisher will not be held responsible for any remaining inaccuracies. If you require any further clarification, please contact our Customer Services Department.