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A MODEL OF NEW ZEALAND APPLE SUPPLY RESPONSE TO TECHNOLOGICAL CHANGE *
Author(s) -
Rae Allan N.,
Carman Hoy F.
Publication year - 1975
Publication title -
australian journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.683
H-Index - 49
eISSN - 1467-8489
pISSN - 0004-9395
DOI - 10.1111/j.1467-8489.1975.tb00144.x
Subject(s) - yield (engineering) , technological change , perennial plant , sowing , economics , agricultural engineering , econometrics , agricultural economics , mathematics , engineering , agronomy , macroeconomics , materials science , biology , metallurgy
A supply response model for New Zealand apples is specified and equations for new plantings, removals, yields and adoption of an innovation are estimated. The model expands on perennial crop models previously estimated by incorporating the time pattern of adoption of a planting innovation and formulation of a measure of yield expectations given technological change.