Estimation of price elasticity of fertilizer demand in India

dc.contributor.author	Jagdip, Majumdar
dc.contributor.author	Dholakia, Ravindra H.
dc.date.accessioned	2010-03-28T11:23:39Z
dc.date.available	2010-03-28T11:23:39Z
dc.date.copyright	1994-07
dc.date.issued	2010-03-28T11:23:39Z
dc.identifier.uri	http://hdl.handle.net/11718/1724
dc.description.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.	en
dc.language.iso	en	en
dc.relation.ispartofseries	WP;1994/1197
dc.subject	price elasticity	en
dc.subject	Fertilizer	en
dc.title	Estimation of price elasticity of fertilizer demand in India	en
dc.type	Working Paper	en