Egypt's multiproduct agricultural technology and agricultural policy
基于埃及农民利润最大化假设,估计玉米、水稻和棉花的需求与供给弹性,评估产出税和投入补贴政策对农业生产率的负面影响。
Based on the hypothesis that Egyptian farmers maximise economic profits, the multiproduct translog profit function is used to estimate input demand and output supply functions for corn, rice, and cotton crops grown in Egypt's Nile delta. Elasticity estimates indicate a generally high degree of price responsiveness. The estimates are used to evaluate Egyptian agricultural policies concerning labour, mechanisation, and output prices. The results show that Egypt's agricultural policies of taxing output and subsidising certain inputs have hada substantial negative impact on agricultural productivity.