IDEAS home Printed from https://ideas.repec.org/p/iim/iimawp/wp01273.html
   My bibliography  Save this paper

Estimation of Price Elasticity of Fertilizer Demand in India

Author

Listed:
  • Dholakia, Ravindra H.
  • Majumdar Jagdip

Abstract

The empirical evidence on the price elasticity of fertilizer demand in India is not conclusive. In order to properly estimate the likely impact of the policy changes affecting fertilizer prices on the fertilizer use and hence on the agricultural growth in the country, magnitude of the short-run and long-run price elasticity of fertilizer demand is essential. The present study attempts to estimate the elasticity coefficients by appropriately specifying the fertilizer demand function. Both static as well as dynamic models are considered. The fertilizer demand in India is found to be price inelastic in the short-run and even in the long-run. Our estimates based on a time series macro level data from 1966-67 to 1991-92 are corroborated by the findings of a recent survey carried out in U.P.

Suggested Citation

  • Dholakia, Ravindra H. & Majumdar Jagdip, 1994. "Estimation of Price Elasticity of Fertilizer Demand in India," IIMA Working Papers WP1994-07-01_01273, Indian Institute of Management Ahmedabad, Research and Publication Department.
    • Handle: RePEc:iim:iimawp:wp01273
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:iim:iimawp:wp01273. 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: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/eciimin.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.