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- W200775249 abstract "A model of the Malaysian rice and wheat economy is specified and fitted to data from 1960-87. Several diagnostic testswere employed in the analysis to determine the specification of the model. The present work incorporates the interactionbetween rice and wheat. The estimate for the short-run supply price elasticity is 0.03 while the long-run price elasticityis estimated at 0.11. The matrix of price and income elasticities obtained from the demand analysis indicates that theown-price elasticities are less than unity. The present work supports the hypothesis that rice is an inferior good while wheatis normal. The leVel of imports depends on domestic supply, income level and domestic prices of rice and wheat." @default.
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- W200775249 date "1991-01-01" @default.
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- W200775249 title "A Model for the Rice and Wheat Economy in Malaysia: An Empirical Assessment of Alternative Specifications" @default.
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