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Factor Demand and Product Supply Relations in Australian Agriculture : The CRESH/CRETH Production System

Author

Listed:
  • Peter B. Dixon
  • David P. Vincent
  • Alan A. Powell

Abstract

This 1976 paper discusses a multi-input, multi-output production function for modelling Australian agriculture within the ORANI model. Literature is surveyed, and a theoretical approach outlined. A CRESH-CRETH production function is proposed, and equations derived. Theory and data are described, but actual regression results are deferred to a later report. Please note: The PDF download of this fairly old paper is an optical scan of indifferent, but legible, quality

Suggested Citation

  • Peter B. Dixon & David P. Vincent & Alan A. Powell, 1976. "Factor Demand and Product Supply Relations in Australian Agriculture : The CRESH/CRETH Production System," Centre of Policy Studies/IMPACT Centre Working Papers op-08, Victoria University, Centre of Policy Studies/IMPACT Centre.
    • Handle: RePEc:cop:wpaper:op-08
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    Download full text from publisher

    File URL: https://www.copsmodels.com/ftp/workpapr/op-08.pdf
    File Function: Initial version, 1976-11
    Download Restriction: no
    File URL: https://www.copsmodels.com/elecpapr/op-08.htm
    File Function: Local abstract: may link to additional material.
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    Citations

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    Cited by:

    1. Colman, David R., 1983. "A Review of the Arts of Supply Response Analysis," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 51(03), pages 1-30, December.
    2. Adams, Philip D., 1987. "Agricultural Supply Response in ORANI," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 55(03), pages 1-17, December.
    3. Horridge, Mark, 2019. "Using CRETH to make quantities add up without efficiency bias," Conference papers 333065, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    4. Adams, Philip D., 1988. "Some Comparisons of Recent Estimates of Agricultural Supply Elasticities for the Australian Economy," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 56(03), pages 1-9, December.
    5. Martin, John F., 1982. "Induced Innovation in the High Rainfall Zone," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 50(03), pages 1-20, December.

    More about this item

    Keywords

    Agriculture; CRESH/CRETH Production System;

    JEL classification:

    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General

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