tailieunhanh - Analysis of supply response of black tiger shrimp production using Nerlove model

This study aims to analyze the effect of black tiger shrimp price and other factors on the shrimp area in the Mekong Delta using the supply response function based on the Nerlovian partial adjustment model. | Analysis of supply response of black tiger shrimp production using Nerlove model Accounting 6 2020 425 432 Contents lists available at GrowingScience Accounting homepage ac Analysis of supply response of black tiger shrimp production using Nerlove model Ngoc Lea and Quang-Thanh Ngob a Ca Mau Community College Ca Mau Vietnam bUniversity of Economics and Law UEL Ho Chi Minh City Vietnam Vietnam National University Ho Chi Minh City VNU-HCM Ho Chi Minh City Vietnam CHRONICLE ABSTRACT Article history This study aims to analyze the effect of black tiger shrimp price and other factors on the shrimp area Received April 1 2020 in the Mekong Delta using the supply response function based on the Nerlovian partial adjustment Received in revised format April model. Using quarterly panel data collected from four provinces Ca Mau Bac Lieu Soc Trang and 1 2020 Kien Giang for the period of 2014 to 2017 the estimates in the supply response are obtained from Accepted April 27 2020 Available online Fixed-Effects FE method. Results indicate that the adaptive expectation hypothesis to the simple April 27 2020 Cobweb model is likely to best fit the data. The estimates of the supply response model show that Keywords information used for expected price formation quickly responded in making a decision of black tiger Black tiger shrimp shrimp production. In both the short run and long run the expected price has a significant effect in Nerlove method directing black tiger shrimp farmers to formulate the supply response decision. The acreage response Supply response elasticity is more elastic. Price elasticity Mekong Delta 2020 by the authors licensee Growing Science Canada 1. Introduction The study of supply response and elasticity is an important scientific field that attracts economists and policymakers. It sought to quantify the effects of changes in government programs on prices and trade policies for inputs outputs and responses of producers. However in .