期刊名称：Pertanika Journal of Social Sciences & Humanities
印刷版ISSN：0128-7702
电子版ISSN：2231-8534
出版年度：1991
卷号：14
期号：3
出版社：Universiti Putra Malaysia
摘要：A model of the Malaysian rice and wheat economy is specified and fitted to data from 1960-87. Several diagnostic tests were employed in the analysis to determine the specification of the model. The present work incorporates the interaction between rice and wheat. The estimate for the short-run supply price elasticity is 0.03 while the long-run price elasticity is estimated at 0.1 L The matrix of price and income elasticities obtained from the demand analysis indicates that theown-price elasticities are less than unity. The present work supports the hypothesis that rice is an inferior good while wheat is normal. The level of imports depends on domestic supply, income level and domestic prices of rice and wheat.
关键词：elasticities; specifications; partial adjustment-adaptive expectation; log-linear; linear; autocorrelation; normal and inferior goods
