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Agricultural price variability in a neoclassical framework

, : Agricultural price variability in a neoclassical framework. Canadian Journal of Agricultural Economics 36(3): 539-548

The paper quantifies traditional explanations for the volatility of agricultural prices, and also the effects of the smallness of the agricultural sector in terms of overall GNP, in a neoclassical framework in which the processes which generate variability in nominal prices are explicitly modelled.

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Accession: 001748923

DOI: 10.1111/j.1744-7976.1988.tb03297.x

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