文章基本信息

标题：FARM LEVEL DEMAND FOR PECANS RECONSIDERED
本地全文：下载
作者：Wells, Gary J. ; Miller, Stephen E. ; Thompson, C. Stassen 等
期刊名称：Journal of Agribusiness
印刷版ISSN：0738-8950
出版年度：1986
页码：157-160
出版社：Journal of Agribusiness
摘要：Previous studies have consistently indicated the anomalous result of a price inflexible demand for pecans. However, these efforts did not have an adequate measure of pecan stocks available and, as a result, stocks were either excluded from consideration or a proxy variable was introduced. A time series of pecan stocks is now available. Use of this time series in a price dependent demand function results in a flexible farm level demand for pecans. This points out the danger of excluding an appropriate variable or using a so-called "reasonable" proxy variable.