An Economic Study of the Determinants for the Supply Response of the Cotton Crop in Egypt | ||||
Assiut Journal of Agricultural Sciences | ||||
Article 10, Volume 46, Issue 6, December 2015, Page 104-120 PDF (5.43 MB) | ||||
Document Type: Original Article | ||||
DOI: 10.21608/ajas.2015.524 | ||||
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Abstract | ||||
Farm prices are one of the key economic variables affecting the production decisions of farmers through their response to cotton prices or to competitive crops price in the same season, as well as some other economic variables that specify the cultivated areas and quantities produced from cotton. So that the study aims to assess the Egyptian cotton crop supply response functions in order to identify the degree of response of farmers to price and some important economic variables affecting the area under cotton In addition to estimating elasticity respond to these variables during (1997-2013). According to the results of instability coefficient estimated in the study, there is a lack of stability in all the years of study in the area under cultivation, production and farm price for cotton crop , where it came from all of them is equal to zero during the study period. There was a statistically significant response in the current area of cotton to changes in the feddan productive variables, farm price and net income ,and the total cost of feddan with a delay of one year, the longest response was for net return, followed by both productivity, farm price and production costs per Feddan. The results of estimating supply response functions to cotton crop by using multiple regression nerlov model with explanatory variables of the competing crops for the cotton such as net income for maize and rice to give a total elasticity response about -3.17. The current cotton area response to change in both the farm price for cotton, corn and rice in the previous year, with total elasticity of respond about-0.23.also there is a Response in the current cotton area to the change in all of the production costs of cotton and corn and rice production costs in the previous year with elasticity of response about -0.57. Some recommendations can be drawn from the study: Need to find some sort of price stability for the cotton crop, which leads to the stability of cultivated areas and production of cotton, as well as the need to provide control over the prices of inputs to ensure that the high production costs of cotton crop and the reluctance of farmers growing the crop. You must provide information to farmers about the competing crops for cotton | ||||
Keywords | ||||
n economic study; cotton-egypt- Display | ||||
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