文章基本信息

标题：Supply response of mustard in Bangladesh: A cointegration analysis
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作者：A. S. M. Anwarul Huq ; Fatimah Mohamed Arshad ; Md. Ferdous Alam 等
期刊名称：Scientific Research and Essays
印刷版ISSN：1992-2248
出版年度：2012
卷号：7
期号：38
页码：3262-3268
DOI：10.5897/SRE10.487
语种：English
出版社：Academic Journals
摘要：An attempt has been made in this study to examine the supply response of mustard through cointegration and vector error correction approach. Augmented Dickey-Fuller (ADF) test indicates that all the variables considered have a unit root problem at level form and is stationary at differenced form for which all the data series are I(1). The trace statistic and maximum eign value tests confirm that there is at least one cointegrating vector. The short-run elasticity with respect to real mustard price is 0.1543 while in the long-run, the real mustard price elasticity is 0.5242. In the short-run impact of price fluctuation is very little or minimum. The mustard area is inelastic with respect to own price. Low short-run and long-run elasticities of supply indicate that mustard growers do not make considerable area adjustments in response to expected prices. Weather variable emerges as one of the important factors in determining the mustard area in the short-run. Due to low price elasticity, price policies will not be much effective in obtaining the desired level of mustard output.
关键词：Supply elasticity; mustard; vector error correction