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An econometric approach to ascertain sorghum supply response in Zimbabwe

机译:确定津巴布韦高粱供应反应的计量经济学方法

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Despite failures of government policy to stimulate sustained growth in sorghum production in the face of increased climatic shocks on maize, there have been very little efforts to understand sorghum response to policy incentives. The main purpose of the paper was to determine how sorghum farmers responded to changes in price and non-pricing policies. The major sources of the data were the ZIMSTAT, FAOSTAT, Meteorological department and the Ministry of Agriculture. The data on the area planted sorghum, capital expenditure and that of area of maize which was used as a substitute crop were obtained from Ministry of Agriculture. The data on price of sorghum, price of maize, exchange rate and inflation was obtained from ZIMSTAT. The data on the weather variable was obtained from the Meteorological Department. The international price of sorghum and maize were obtained from the FAOSTAT. The Consumer Price Index and inflation figures were obtained from the Reserve Bank of Zimbabwe (R.B.Z). The Nerlovian partial adjustment model was used to determine the responsiveness of sorghum farmers to price and non-price. It was found that sorghum supply is inelastic to own price both in the long run and short run. In the long run the own price elasticity was found to be 0.51 whilst in the short run was 0.24. This result means that agricultural price policy alone cannot guarantee sorghum production growth targets, but a policy mix that goes beyond factor and product markets and acknowledges the structural and institutional constraints faced by sorghum farmers is likely to achieve a substantial growth in sorghum output in both the short run and long run.
机译:尽管面对气候变化对玉米的冲击,政府政策未能刺激高粱产量的持续增长,但很少有人努力了解高粱对政策激励措施的反应。本文的主要目的是确定高粱农民如何应对价格变化和非定价政策。数据的主要来源是ZIMSTAT,FAOSTAT,气象部门和农业部。高粱种植面积,资本支出以及用作替代作物的玉米面积的数据可从农业部获得。高粱价格,玉米价格,汇率和通货膨胀的数据是从ZIMSTAT获得的。天气变量的数据是从气象部门获得的。高粱和玉米的国际价格是从FAOSTAT获得的。消费者物价指数和通货膨胀数据来自津巴布韦储备银行(R.B.Z)。使用Nerlovian局部调整模型来确定高粱农民对价格和非价格的反应。人们发现,无论从长期还是短期来看,高粱的供应对价格都没有弹性。从长期来看,发现自己的价格弹性为0.51,而从短期来看,为0.24。这一结果意味着仅靠农产品价格政策无法保证高粱产量的增长目标,但超出要素市场和产品市场并承认高粱农民面临的结构性和制度性约束的政策组合很可能在这两个领域实现高粱产量的大幅增长。短期和长期。

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