IDEAS home Printed from https://ideas.repec.org/a/bla/agecon/v6y1991i1p79-89.html
   My bibliography  Save this article

Price and quantity adjustment in a dual character market The case of the Greek poultry sector

Author

Listed:
  • George Alogoskoufis
  • Nicholas Baltas

Abstract

In this paper we set up, estimate and test a short‐run model for the poultry sector in Greece. The model allows for the simultaneous existence of a monopolistically competitive and a competitive segment, and determines producer and consumer prices, and the quantity consumed. We provide evidence on steady‐state parameters such as demand and supply elasticities, as well as on speeds of adjustment of prices and quantities. The evidence suggests that adjustment is very rapid, although quantities appear to be adjusting more quickly than prices. The model is used to examine the dynamics of adjustment to demand and supply‐side disturbances.

Suggested Citation

  • George Alogoskoufis & Nicholas Baltas, 1991. "Price and quantity adjustment in a dual character market The case of the Greek poultry sector," Agricultural Economics, International Association of Agricultural Economists, vol. 6(1), pages 79-89, October.
    • Handle: RePEc:bla:agecon:v:6:y:1991:i:1:p:79-89
    DOI: 10.1111/j.1574-0862.1991.tb00172.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1574-0862.1991.tb00172.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1574-0862.1991.tb00172.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Anthony N. Rezitis & Konstantinos S. Stavropoulos, 2010. "Supply response and price volatility in the Greek broiler market," Agribusiness, John Wiley & Sons, Ltd., vol. 26(1), pages 25-48.
    2. Baltas, Nicholas C., 1999. "Private Investment and the Demand for Loanable Funds in the Greek Agricultural Sector," Journal of Policy Modeling, Elsevier, vol. 21(1), pages 67-88, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:agecon:v:6:y:1991:i:1:p:79-89. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/iaaeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.