Construct · 1 fields · 1 citations

Nerlovian supply response: a standalone construct

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Agricultural economics

farmers' output responding to expected prices with gradual adjustment, giving short-run and long-run supply elasticities.

In agricultural economics, Nerlovian supply response refers to farmers' output responding to expected prices with gradual adjustment, giving short-run and long-run supply elasticities. This meaning comes from Nerlove (1956) in Journal of Farm Economics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

response4 fields · 4 citationsjingle · one word, four constructs supply3 fields · 3 citationsjingle · one word, three constructs

References

Nerlove, M. (1956). Estimates of the Elasticities of Supply of Selected Agricultural Commodities. Journal of Farm Economics, 38(2), 496. https://doi.org/10.2307/1234389

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