The dynamics of crop production in Slovenia
2001
Bojnec, S. (University of Ljubljana, Ljubljana (Slovenia))
This paper investigates patterns in production, purchased production through different marketing channels, the dynamic in yields and in area harvested by main crops (for wheat, maize, sugar beets, and potatoes), by institutional sector (private and the former s.c. social sector), and over time (1965-1998). The main focus of this study is on the dynamics in main crop production by using a regression analysis. The supply response model for Slovenian crop products is estimated. Area harvested in the current period is used as dependent variable, while farm-gate price in the previous period (the output price deflated by the index of crop prices), yield per ha in the previous period, area harvested in the previous period, and time trend are used as explanatory variables. The coefficients of short-term elasticity of supply are less than the coefficients of long-term elasticity, and therefore these results imply a greater long-term reaction by farmers.
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