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Stepped Product Demand and Factor Supply Functions in Linear Programming Analyses

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  • Neil R. Martin

Abstract

Regional adjustment studies encounter less than perfectly elastic demand and factor supply conditions. Producing firms are assumed to face perfectly competitive markets. This paper reviews procedures for incorporating product demand and factor supply functions into linear programming analyses. Perfectly competitive conditions including industry income value are considered.

Suggested Citation

  • Neil R. Martin, 1972. "Stepped Product Demand and Factor Supply Functions in Linear Programming Analyses," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(1), pages 116-120.
    • Handle: RePEc:oup:ajagec:v:54:y:1972:i:1:p:116-120.
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    File URL: http://hdl.handle.net/10.2307/1237742
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    Cited by:

    1. Nix, James E. & Martin, Neil R., Jr. & Hubbard, John W., 1975. "An Enterprise Competition Analysis Of Beef Production In The South," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 7(2), pages 1-10, December.
    2. Yates, C.M. & Rehman, Tahir, 2002. "Development of a Partial Equilibrium Model of the EU Agriculture using Positivistic Mathematical Programming," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24878, European Association of Agricultural Economists.
    3. Harrington, David H. & Dubman, Robert, 2008. "Equilibrium Displacement Mathematical Programming Models: Methodology and Model of the U.S. Agricultural Sector," Technical Bulletins 184313, United States Department of Agriculture, Economic Research Service.
    4. T Rehman & C M Yates, 2005. "Inclusion of nonlinear demand–supply relationships within large-scale partial equilibrium linear programming models," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 56(3), pages 317-323, March.

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