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2. ESTIMACIÓN DE LA ELASTICIDAD EN EL JITOMATE CON EL SISTEMA DE DEMANDA CASI IDEAL (AIDS)

Author

M.D Cervantes Godoy, Angel Martínez Garza, and Miguel Ángel Martínez Damián

Subjects
Horticulture, Geography, Almost ideal demand system, Welfare economics, Plant Science, Elasticity (economics)
Abstract

SUMMARY In this study, tomato (Lycopersicon esculentum Mill.) demand changes are estimated through the estimation of elasticity (-0.587) within the Almost Ideal Demand System (AIDS). Such estimation is compared to the elasticity (-0.10) obtained in other research, all referred to foreseeing changes in quantity demanded. The results showed that there is an underestimation of 17 % in quantities obtained through the elasticity proposed by such research; it is stated that underestimation is due to the lack of economic choice axioms.

Published
2001
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