Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics

M. G. Kanbur , H. Neudecker

Abstract

Prices of agricultural commodities are prone to experience considerable fluctuations from year to year. These fluctuations take place if there are abrupt changes in supply, which are not neutralized given the relatively low elasticity of consumer demand for most agricultural products, especially food-grains.

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M. G. Kanbur , H. Neudecker

Abstract

The decade of the fifties witnessed the development of spatial equilibrium models from theoretical exposition to empirical application. Linear programming methods were then introduced into spatial equilibrium model building.

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