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International Journal of Food and Agricultural Economics
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LAND ALLOCATION AMONG THE MAIN CROPS IN ARGENTINA: ESTIMATION OF PRICE AND LAND ELASTICITIES

descriptionPublicationkeyboard_double_arrow_right Other literature type , Article 01 Jan 2016 English Publisher:UnknownJournal:International Journal of Food and Agricultural Economics, volume 4, pages 63-75 (issn: 2147-8988, Copyright policy )
Authors: Arancibia, Rodrigo García; Guiguet, Edith Depetris; Rossini, Gustavo; Coronel, Mariano; Arancibia, Rodrigo García; Guiguet, Edith Depetris; Rossini, Gustavo; +1 Authors

doi: 10.22004/ag.econ.244387

handle: 11336/180165

LAND ALLOCATION AMONG THE MAIN CROPS IN ARGENTINA: ESTIMATION OF PRICE AND LAND ELASTICITIES

Abstract

In the past twenty years, there have been significant changes in land allocation among the main crops in Argentina. The aim of this paper was to analyze how those changes responded to variations in their relative prices in the short-term and quantify their responses. Additionally, it focused on understanding how the hectares devoted to a particular crop responded to changes in the total planted area. For this purpose a system of land allocation equations was estimated for the period 1980-2014. The results showed that the area planted with corn, soybean, sunflower and wheat responded to their own prices, being inelastic in all cases. A statistically significant and negative cross-price elasticity was observed for sunflower and corn. The other cross-price elasticities showed substitution for land use but they were not statistically significant. The land elasticities revealed to be elastic for wheat and inelastic for corn, soybean and sunflowers, while not significant for sorghum.

Fil: García Arancibia, Rodrigo. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Santa Fe; Argentina. Universidad Nacional del Litoral. Facultad de Ciencias Económicas. Instituto de Economía Aplicada Litoral; Argentina

Fil: Rossini, Gustavo Eduardo. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Santa Fe; Argentina. Universidad Nacional del Litoral. Facultad de Ciencias Económicas. Instituto de Economía Aplicada Litoral; Argentina

Fil: Coronel, Mariano Nicolas. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Santa Fe; Argentina. Universidad Nacional del Litoral. Facultad de Ciencias Económicas. Instituto de Economía Aplicada Litoral; Argentina

Fil: Depetris de Guiguet, Edith Yris Noemi. Universidad Nacional del Litoral. Facultad de Ciencias Económicas. Instituto de Economía Aplicada Litoral; Argentina

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Keywords

Agricultural production, Agricultural Finance, Demand and Price Analysis, Differential Approach, Crop Production/Industries, Political Economy, SOYBEAN, Agricultural and Food Policy, ROTTERDAM MODEL, https://purl.org/becyt/ford/5.2, Community/Rural/Urban Development, Rotterdam Model, https://purl.org/becyt/ford/5, DIFFERENTIAL APPROACH, Soybean, Land Economics/Use, AGRICULTURAL PRODUCTION

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selected citations
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This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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