Hostname: page-component-745bb68f8f-b95js Total loading time: 0 Render date: 2025-01-09T14:14:42.447Z Has data issue: false hasContentIssue false
  • English
  • Français

Subtleties Associated with Derived Demand Relationships

Published online by Cambridge University Press:  15 September 2016

Ronald A. Schrimper
Ronald A. Schrimper*
Affiliation:
Department of Agricultural and Resource Economics, North Carolina State University
Get access Rights & Permissions [Opens in a new window]

Abstract

Subtleties involving measurement of quantities and prices when derived demands are graphically displayed in frameworks representing market linkages are discussed. Complications arising from assuming variable proportions rather than fixed coefficients are noted. Finally, an example developed by Wohlgenant and Haidacher is clarified.

Type
Articles
Information
Agricultural and Resource Economics Review , Volume 24 , Issue 2 , October 1995 , pp. 241 - 246
Copyright
Copyright © 1995 Northeastern Agricultural and Resource Economics Association 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Fisher, B.S. “The Impact of Changing Marketing Margins on Farm Prices,” American Journal of Agricultural Economics, 63, No. 2(May 1981): 261–263.Google Scholar
Gardner, Bruce L. “The Farm-Retail Price Spread in a Competitive Food Industry,” American Journal of Agricultural Economics, 57, No. 3(August 1975): 399–409.Google Scholar
Hicks, J.R. The Theory of Wages, St. Martin's Press, New York, 1963.CrossRefGoogle Scholar
Tomek, W.G. and Robinson, K.L. Agricultural Product Prices. Ithaca, N.Y., Cornell University Press, 1972.Google Scholar
Wohlgenant, Michael K. and Haidacher, Richard C. Retail to Farm Linkage for a Complete System of Food Commodities. Technical Bulletin 1775, Economic Research Service, USDA, Washington, D.C., December 1989.Google Scholar