Production and supply of tomato in Cameroon: Examination of the comparative effect of price and non-price factors
This study analyses the effects of price and non-price factors on the supply response of tomatoes in Cameroon. Exploiting the Nerlovian Expectation Model, the results show a long-run supply elasticity of 0.83 and short-run supply elasticity of 1.8 which signify that farmers are more sensitive to pri...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Elsevier
2020-11-01
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| Series: | Scientific African |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2468227620303124 |
| _version_ | 1818383854317076480 |
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| author | Martin Paul Jr. Tabe-Ojong Ernest L. Molua Jules René Minkoua Nzie Geogette L. Fuh |
| author_facet | Martin Paul Jr. Tabe-Ojong Ernest L. Molua Jules René Minkoua Nzie Geogette L. Fuh |
| author_sort | Martin Paul Jr. Tabe-Ojong |
| collection | DOAJ |
| description | This study analyses the effects of price and non-price factors on the supply response of tomatoes in Cameroon. Exploiting the Nerlovian Expectation Model, the results show a long-run supply elasticity of 0.83 and short-run supply elasticity of 1.8 which signify that farmers are more sensitive to price fluctuations in the short run than in the long run. These findings corroborate and extend the literature on the supply response of field crops in the context of developing nations. We show that tomato producers respond more to price incentives than non-price factors. Given this finding, we recommend policies that focus more on agricultural price control as a means of stabilising agricultural production. |
| first_indexed | 2024-12-14T03:12:59Z |
| format | Article |
| id | doaj.art-7f7b137a8ea3406eaf1e91742d1ce901 |
| institution | Directory Open Access Journal |
| issn | 2468-2276 |
| language | English |
| last_indexed | 2024-12-14T03:12:59Z |
| publishDate | 2020-11-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Scientific African |
| spelling | doaj.art-7f7b137a8ea3406eaf1e91742d1ce9012022-12-21T23:19:12ZengElsevierScientific African2468-22762020-11-0110e00574Production and supply of tomato in Cameroon: Examination of the comparative effect of price and non-price factorsMartin Paul Jr. Tabe-Ojong0Ernest L. Molua1Jules René Minkoua Nzie2Geogette L. Fuh3Institute for Food and Resource Economics, University of Bonn, D-53115 Bonn, Germany; Corresponding author.Department of Agricultural Economics and Agribusiness, University of Buea, CameroonDepartment of Economics, University of Buea, CameroonDepartment of Public Economics, University of Yaounde II Soa, CameroonThis study analyses the effects of price and non-price factors on the supply response of tomatoes in Cameroon. Exploiting the Nerlovian Expectation Model, the results show a long-run supply elasticity of 0.83 and short-run supply elasticity of 1.8 which signify that farmers are more sensitive to price fluctuations in the short run than in the long run. These findings corroborate and extend the literature on the supply response of field crops in the context of developing nations. We show that tomato producers respond more to price incentives than non-price factors. Given this finding, we recommend policies that focus more on agricultural price control as a means of stabilising agricultural production.http://www.sciencedirect.com/science/article/pii/S2468227620303124TomatoSupply responsePrice factorsNon-price factors |
| spellingShingle | Martin Paul Jr. Tabe-Ojong Ernest L. Molua Jules René Minkoua Nzie Geogette L. Fuh Production and supply of tomato in Cameroon: Examination of the comparative effect of price and non-price factors Scientific African Tomato Supply response Price factors Non-price factors |
| title | Production and supply of tomato in Cameroon: Examination of the comparative effect of price and non-price factors |
| title_full | Production and supply of tomato in Cameroon: Examination of the comparative effect of price and non-price factors |
| title_fullStr | Production and supply of tomato in Cameroon: Examination of the comparative effect of price and non-price factors |
| title_full_unstemmed | Production and supply of tomato in Cameroon: Examination of the comparative effect of price and non-price factors |
| title_short | Production and supply of tomato in Cameroon: Examination of the comparative effect of price and non-price factors |
| title_sort | production and supply of tomato in cameroon examination of the comparative effect of price and non price factors |
| topic | Tomato Supply response Price factors Non-price factors |
| url | http://www.sciencedirect.com/science/article/pii/S2468227620303124 |
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