The evolution of agricultural activity in the nineties: a technical note Evolución de la actividad agrícola durante los noventa. Una nota técnica

In this technical note, it is shown how farmers make their production decisions and how expected prices are a central variable at the time of deciding what to produce and how large an area to planto Once the expected price is determined, farmers calculate their profit margin and decide how large an...

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Bibliographic Details
Main Author: Junca Gustavo Adolfo
Format: Article
Language:English
Published: Universidad Nacional de Colombia 1998-06-01
Series:Cuadernos de Economía
Subjects:
Online Access:http://www.revistas.unal.edu.co/index.php/ceconomia/article/view/11618
Description
Summary:In this technical note, it is shown how farmers make their production decisions and how expected prices are a central variable at the time of deciding what to produce and how large an area to planto Once the expected price is determined, farmers calculate their profit margin and decide how large an area to planto In the case of Colombia, the correlation between area planted and profit margins allows us to explain the decrease in the areas planted in the decade of the nineties.<br>En esta nota técnica se muestra cómo los agricultores toman sus decisiones de producción y cómo los precios esperados son una variable central a la hora de decidir que producir y cuanta área sembrar. Una vez determinado el precio esperado, los agricultores calculan su margen de ganancia permite explicar la reducción de las áreas sembradas durante la década de los noventa.
ISSN:0121-4772