Mohammad Fayaz, Abbas Ullah Jan, Dawood Jan
... expenditure and quality elasticities for five vegetables namely potato, onion, tomato, cabbage & cauliflower and peas, mostly consumed in Pakistan. A comparison of quality elasticity between urban and rural households is provided using Household Integrated Economic Survey (HIES) data from Pakistan Social and Standards Living Measurement (PSLM) 2010-11. The elasticities of interest were obtained via log-log inverse (LLI)...
Mohammad Fayaz, Abbas-ullah Jan, Dawood Jan, Ghaffar Ali and Yousaf Hayat
... income in Pakistan. The elasticities of interest (quantity, expenditure and quality) were inelastic with reasonable difference in magnitude across urban and rural households. Overall, the quality elasticity turned out to be positive with an estimated value of 0.0061 and 0.2375 for wheat & wheat flour and rice & rice flour, respectively. The estimation of quality elasticity based upon income quintiles revealed that the magnitude of quality elasticity i...
Abbas Ullah Jan1, Muhammad Fayaz1*, Yousaf Hayat2, Dawood Jan3 and Ghaffar Ali3
...s. The estimated quality elasticities reveal that both the urban and rural households purchase higher quality fruits as their income rise and are willing to pay a higher price for enhanced quality. Compared to rural households, the urban households are more responsive to quality in all fruits as a group and apple, banana, and grapes individually. Quality response is more in dates, mango and particularly guava for rural households. Empirical evidence suggests t...
Sajid Ali*, Quratulain Altaf** and Umar Farooq*
ACREAGE RESPONSE OF FLUE CURED VIRGINIA TOBACCO IN KHYBER PAKHTUNKHWA
...e short-run and long-run elasticities. The study found a long-run price elasticity of 0.33, thereby revealing that FCV acreage response to its own price is relatively inelastic. The short-run acreage response was also low (0.13) and therefore relatively inelastic. This implies that price policy could not be used as the sole instrument to affect area under FCV. The provision of some other non-price incentives may also play a significant role in increasing area ...
Mohammed Al Mahish*
...ettuce supply. The total elasticities of wage show that an increase in wage increases price and reduces quantity. Furthermore, the paper shows that the reduction in producer surplus as a result of wage and income increase is larger than the reduction in consumer surplus. ...
Supply Response Analysis of Wheat Growers in District Swabi, Khyber Pakhtunkhwa: Farm Level Analysis
Farhan, Shahid Ali* and Syed Attaullah Shah
... supply and input demand elasticities of wheat growers in district Swabi of Khyber Pakhtunkhwa, Pakistan. For this purpose, 160 wheat growers were selected through multi-stage stratified random sampling technique. Primary data was collected through well designed interview schedule. Normalized restricted trans log profit function was first approximated for further estimation of output supply and input demand elasticities. Res...
Irfan Ullah*, Abbas Ullah Jan, Muhammad Fayaz, Amjad Ali and Atta Ullah Shah
...based on the expenditure elasticities that ranged from 1.05 for milk to 1.33 for tea and coffee. While, those for vegetables, pulses, rice, tea and coffee and other food ranged from 0.28 for beverages to 0.91 for pulses and considered as necessities. As the demand for milk, meat, fruits, other cereals, tea and coffee and backed products are more elastic to total food expenditures (income). Imposition of any income tax on personal household income could reduce ...
Kubra Siddique*, Ghaffar Ali, Irfan Ullah, Atta Ullah Shah and Muhammad Fayaz
...ure, own and cross price elasticities of meat in Pakistan. Working-lesser model is used to estimate elasticities using cross-sectional data from Household Integrated Economic Survey of Pakistan for the year 2013-14. Economic factors such as food commodities prices, households’ income and their socioeconomic characteristics are included in the model. The results reveal that on the average, households in rural region spe...
Muhammad Waqas, Shahid Ali*, Syed Attaullah Shah and Ghaffar Ali
...model long and short run elasticities. AIC, HQ and FPE proposed 3 lags, therefore model was estimated up to 3 lags. Bound test confirmed the existence of long run relationship among the variables. ARDL results indicated that long and short run elasticities of unirrigated wheat production in response to wheat price were 0.447 and - 0.116, respectively and statistically significant. Long and short run ...
Salman Khan, Irfan Ullah*, Shahid Ali and Murtaza
...cally significant having elasticities of 0.211, 0.110, 0.103, 0.073 and 0.064, respectively. The study recommends that government should subsidize the inputs and arrange trainings for potato growers regarding use of recommended chemical fertilizer and efficient utilization of seed, labor and other inputs to accelerate potato production and thereby profit of farmers....
