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195946

Economic Analysis of Supply Response of Broad Beans Crop in Egypt

Article

Last updated: 28 Dec 2024

Subjects

-

Tags

Economic and socio agricultural

Abstract

The Broad beans crop in Egypt is considered a major source of food for a great number of the population, in recent years its prices have witnessed a significant increase , despite it being considered an alternative to animal protein, whose prices have also witnessed a huge increase. This research aims to study the supply response of Broad beans crop in Egypt, through studying the production and economic indicators, also identifying the most important variables impact on response of the cultivated area, and estimating the degree of response for most important variables which impact on the response of cultivated area of Broad beans crop in Egypt, besides estimate the annual amount of response to reach the period necessary to achieve a full response.
The results showed that the cultivated area with Broad bean has taken a general and statistically significant decreasing trend, reached 11.14 thousand acres, with an annual decrease rate 7.57% of the cultivated area average. The results of the supply response function also indicated that there is a logical inverse relationship between each of Broad beans cultivated area (as a dependent variable) and the farm price of lentil, Clover, Chickpeas, Flax and Onion with Egyptian pounds in the previous year (as explanatory variables).

DOI

10.21608/nvjas.2021.93563.1000

Keywords

Supply response, Nerlove Model, broad beans

Authors

First Name

Moataz

Last Name

Eliw

MiddleName

-

Affiliation

Department of Agricultural Economics, Faculty of Agriculture, Al-Azhar University

Email

moatazeliw@gmail.com

City

Minia

Orcid

0000-0003-0666-3502

Volume

1

Article Issue

1

Related Issue

27724

Issue Date

2021-07-01

Receive Date

2021-08-31

Publish Date

2021-07-01

Page Start

10

Page End

25

Print ISSN

2805-2420

Online ISSN

2805-2439

Link

https://nvjas.journals.ekb.eg/article_195946.html

Detail API

https://nvjas.journals.ekb.eg/service?article_code=195946

Order

2

Type

Original Research

Type Code

2,101

Publication Type

Journal

Publication Title

New Valley Journal of Agricultural Science

Publication Link

https://nvjas.journals.ekb.eg/

MainTitle

Economic Analysis of Supply Response of Broad Beans Crop in Egypt

Details

Type

Article

Created At

23 Jan 2023