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Agricultural and Food Economics

Table 4 Key findings from behavioural equations

From: The impact of production shocks on maize markets in Ethiopia: implications for regional trade and food security

Variables

Elasticity

Short-run price elasticities of supply

0.062

Long-run price elasticities of supply

0.167

Own elasticity of demand

− 0.322

Cross price elasticity of demand

0.074

Income elasticity of demand

0.012

Elasticity of maize consumption over time

− 0.0071

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