Application of Econometrics in Agricultural Production
A special issue of Agriculture (ISSN 2077-0472). This special issue belongs to the section "Agricultural Economics, Policies and Rural Management".
Deadline for manuscript submissions: closed (20 February 2023) | Viewed by 33806
Special Issue Editor
Interests: agricultural economics; environmental economics; industrial economics; microeconometrics
Special Issues, Collections and Topics in MDPI journals
Special Issue Information
Dear Colleagues,
Econometrics (from the ancient Greek oikonomia, i.e., management/economics, and metron, measurement) is the statistical diagnostics of economic phenomena and systems. Econometrics represents a crucial technical tool for retrieving causal relationships among key economic variables and indicators, explaining economic phenomena, quantifying the impacts, and offering estimates and predictions. In this perspective, econometrics can be a fundamental technical instrument for understanding and explaining agricultural dynamics, including agricultural production for both efficient industrial strategy and effective policy design. In fact, we cannot manage what we cannot measure.
This Special Issue, therefore, aims to rebuild and extend the approach to agricultural production analysis by including econometric methods for: (a) developing a new paradigm for agricultural production analysis that acknowledges and models the relevance of the combined economic and agronomic aspects of the production processes; (b) defining output and input demand and supply in agricultural production from a technical perspective, with the use of production function/or production frontier models; (c) understanding agricultural market exchange and market distortions and failures from a quantitative perspective.
The theory and approach developed and applied should also be used to address aspects of environmental and economic sustainability of agricultural production and should provide sound and firm strategy/policy design context and applicability.
Dr. Laura Onofri
Guest Editor
Manuscript Submission Information
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Keywords
- econometric analysis
- agricultural production
- production functions
- production frontier
- production input
- production output
- demand and supply functions
- market equilibria
- market failures
- sustainability
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