Construct · 1 fields · 1 citations

equilibrium displacement model: a standalone construct

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Agricultural economics

a comparative static model of linked farm and retail markets that traces how a demand or supply shock shifts prices and quantities through each stage.

In agricultural economics, equilibrium displacement model refers to a comparative static model of linked farm and retail markets that traces how a demand or supply shock shifts prices and quantities through each stage. This meaning comes from Muth (1964) in Oxford Economic Papers.[1]

Unit
Recovery means
Measured by

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Nearby constructs

demand4 fields · 4 citationsjingle · one word, four constructs displacement5 fields · 6 citationsjingle · one word, five constructs equilibrium4 fields · 4 citationsjingle · one word, four constructs

References

Muth, R. F. (1964). The Derived Demand Curve Fora Productive Factor and the Industrysupply Curve. Oxford Economic Papers, 16(2), 221-234. https://doi.org/10.1093/oxfordjournals.oep.a040951

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