Spreadsheet: 1f06fa9d-a898-4952-93e1-1f41ea97a47f
Sheet: Market Effects 1

 | dlnQb | dlnQf | [NAME] | dlnPQb | dlnPQf | dlnPS | dlnWL | [NAME] | dlnL | dlnO |  |  |  |  |  |  |  |  |  | Table 15
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | = my entries |  |  | Qb | 2
 | 1 | 0 | 0 | -HQb/pQb | -HQb/PQf | -HQb/PS | 0 | 0 | 0 | 0 |  | dlnQb | = | β1 |  |  |  |  |  | Qf | 2
 | 0 | 1 | 0 | -HQf/PQb | -HQf/PQf | -HQf/PS | 0 | 0 | 0 | 0 |  | dlnQf |  | 0 |  |  |  |  |  | S | 1
 | 0 | 0 | 1 | -HS/PQb | -HS/PQf | -HS/PS | 0 | 0 | 0 | 0 |  | [NAME] |  | 0 |  |  |  |  |  | PQb | 200000
 | (∑Qbs/PQb)-1 | (∑Qfs/PQb)-1 | ([NAME]/PQb)-1 | -1 | 0 | 0 | (∑WL/PQb)-1 | (∑Wo/PQb)-1 | 0 | 0 |  | dlnPQb |  | 0 |  |  | [NAME] |  |  | PQf | 150000
 | (∑Qbs/PQf)-1 | (∑Qfs/PQf)-1 | ([NAME]/PQs)-1 | 0 | -1 | 0 | (∑WL/PQf)-1 | (∑Wo/PQf)-1 | 0 | 0 |  | dlnPQf |  | 0 |  |  |  |  |  | PS | 250000
 | (∑Qbs/PS)-1 | (∑Qfs/PS)-1 | ([NAME]/PS)-1 | 0 | 0 | -1 | (∑WL/PS)-1 | (∑Wo/PS)-1 | 0 | 0 |  | dlnPS |  | 0 |  | share of ag inputs |  |  |  | WL | 6000000
 | ZL/Qb | ZL/Qf | ZL/S | 0 | 0 | 0 | ZL/WL | ZL/Wo | -1 | 0 |  | dlnWL |  | 0 |  | SL | SO |  |  | Wo | 150000
 | ZO/Qb | ZO/Qf | ZO/S | 0 | 0 | 0 | ZO/WL | ZO/Wo | 0 | -1 |  | [NAME] |  | 0 |  | 0.4 | 0.6 |  |  | L | 2
 | 0 | 0 | 0 | 0 | 0 | 0 | -ΩL/WL | - ΩL/Wo | 1 | 0 |  | dlnL |  | 0 |  |  |  |  |  | O | 10
 | 0 | 0 | 0 | 0 | 0 | 0 | -ΩO/WL | - ΩO/Wo | 0 | 1 |  | dlnO |  | 0 |  | share of household budget |  |  |  |  |  |  |  | Tables 16,17 |  | as fractions of value
 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |  |  |  |  |  | SF | SS |  |  |  | value | Farm share | hshld share | d CS | d PS | d CS | d PS
 | dlnQb | dlnQf | [NAME] | dlnPQb | dlnPQf | dlnPS | dlnWL | [NAME] | dlnL | dlnO |  |  |  |  |  | 0.2 | 0.8 |  |  | B |  |  |  | 88811 | 36425
D B | -1 | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 |  | dlnQb | = | β1 |  |  |  |  |  | F |  |  |  | 5555 | 4863
D F | 0 | -1 | 0 | 0 | -1.5 |  | 0 | 0 | 0 | 0 |  | dlnQf |  | 0 |  | SHO/SHS | SL/SOT | SOT/SL |  | S |  |  |  | 4422 | -70557
D S | 0 | 0 | -1 | 0 |  |  | 0 | 0 | 0 | 0 |  | [NAME] |  | 0 |  |  |  |  |  | T Rev
S B | 2.1 | -0.5 |  | -1 | 0 | 0 | 0.4 | 0.6 | 0 | 0 |  | dlnPQb |  | 0 |  | share of ag outputs |  |  |  | L
S F |  | 2.12 |  | 0 | -1 | 0 | 0.4 | 0.6 | 0 | 0 |  | dlnPQf |  | 0 |  | SB | SF | SS |  | O
S S |  |  |  | 0 | 0 | -1 | 0.4 | 0.6 | 0 | 0 |  | dlnPS |  | 0 |  | 0.2 | 0.45 | 0.35 |  | T factor
DD L | 0.2 |  | 0.35 | 0 | 0 | 0 | -0.3 | 0.3 | -1 | 0 |  | dlnWL |  | 0
DD O |  |  | 0.35 | 0 | 0 | 0 |  |  | 0 | -1 |  | [NAME] |  | 0
S L | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | -1 | 0 |  | dlnL |  | 0
S O | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | -1 |  | dlnO |  | 0
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | β1 = -0.3 |  | his base | relative |  | Pft shr | change
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Market Effects | Variables
 |  | 0.02177998484825067 | 0.04628737896563889 | 0.2919384127757965 | -0.01531221016026143 | 0.01531221016026143 | 0.3560224546046299 | 0.1281680836576667 | -0.3560224546046299 | -0.1281680836576667 |  | dlnQb |  | -0.3 |  | dlnQb | 0.08725512259423826
 | 0.007352881315976987 | -0.3169362978785309 | -0.7099644874238241 | -0.007352881315976997 | 0.2091677640338624 | -0.2091677640338624 | -0.008966928434118369 | -0.003228094236282633 | 0.008966928434118369 | 0.003228094236282606 |  | dlnQf |  | 0 | -0.002205864394793096 | dlnQf | 0.002252839902007287
 | -0.001838220328994243 | -0.1707659255303673 | -0.8225088781440443 | 0.001838220328994228 | -0.05229194100846558 | 0.0522919410084656 | 0.002241732108529561 | 0.0008070235590705837 | -0.002241732108529561 | -0.0008070235590705837 |  | [NAME] |  | 0 | 0.0005514660986982729 | [NAME] | -0.0005632099755018314
 | -0.7080615872242034 | -0.02177998484825068 | -0.04628737896563889 | -0.2919384127757965 | 0.01531221016026144 | -0.01531221016026144 | -0.3560224546046299 | -0.1281680836576667 | 0.3560224546046299 | 0.1281680836576667 |  | dlnPQb |  | 0 | 0.212418476167261 | dlnPQb | 0.2127448774057617
 | -0.01030378734347149 | -0.8518807522796744 | -1.76895905012226 | 0.0103037873434715 | -0.3855385153763354 | -0.6144614846236646 | -1.206946600800645 | -0.434500776288232 | 1.206946600800645 | 0.434500776288232 |  | dlnPQf | = | 0 | 0.003091136203041448 | dlnPQf | 0.01619049625060693
 | -0.005401866466153501 | -0.3965049508653619 | -2.242268708404809 | 0.005401866466153509 | -0.2460933393537605 | -0.7539066606462395 | -1.212924553090057 | -0.4366528391124205 | 1.212924553090057 | 0.4366528391124205 |  | dlnPS |  | 0 | 0.00162055993984605 | dlnPS | 0.01769238951861179
 | -0.1698849484088952 | -0.603760399424748 | -1.823489789323197 | 0.1698849484088952 | 0.2218319281409234 | -0.2218319281409234 | -2.475750062915982 | -0.2912700226497533 | 2.475750062915982 | 0.2912700226497534 |  | dlnWL |  | 0 | 0.05096548452266855 | dlnWL | 0.0556941432418454
 | -0.04077238761813484 | -0.1449024958619395 | -0.4376375494375672 | 0.04077238761813486 | 0.05323966275382161 | -0.05323966275382161 | -0.1941800150998356 | -0.4699048054359408 | 0.1941800150998356 | 0.4699048054359408 |  | [NAME] |  | 0 | 0.01223171628544045 | [NAME] | 0.0133665943780429
 | -0.01698849484088952 | -0.06037603994247481 | -0.1823489789323197 | 0.01698849484088953 | 0.02218319281409234 | -0.02218319281409234 | -0.2475750062915982 | -0.02912700226497534 | -0.7524249937084019 | 0.02912700226497535 |  | dlnL |  | 0 | 0.005096548452266856 | dlnL | 0.00556941432418454
 | -0.08154477523626968 | -0.289804991723879 | -0.8752750988751344 | 0.08154477523626971 | 0.1064793255076432 | -0.1064793255076432 | -0.3883600301996711 | -0.9398096108718815 | 0.3883600301996711 | -0.06019038912811837 |  | dlnO |  | 0 | 0.02446343257088091 | dlnO | 0.0267331887560858
 | Main Results
 | Welfare effects | pct of value
 | CS B
 | CS F
 | CS S
 | PS L
 | PS O
Sensitivity Analysis
Variable of Change: Own Price Elasticity of Supply of Land
Elasticities >> |  | 0 | 0.1 | 1 | 2
Market Effects | dlnQb | 0.08517000679760618 | 0.08758152383273894 | 0.09264022446806428 | 0.09362564737700804
 | dlnQf | -0.002145126931770696 | -0.002205864394793096 | -0.002333274916179924 | -0.002358094184143374
 | [NAME] | 0.0005362817329426736 | 0.0005514660986982729 | 0.0005833187290449674 | 0.0005895235460358393
 | dlnPQb | 0.2148299932023938 | 0.212418476167261 | 0.2073597755319356 | 0.2063743526229919
 | dlnPQf | 0.01126638540623732 | 0.003091136203041448 | -0.01405829203472063 | -0.01739896005977977
 | dlnPS | 0.009836300785056852 | 0.00162055993984605 | -0.01561380864550724 | -0.01897102284920868
 | dlnWL | 0.06773497019480981 | 0.05096548452266855 | 0.01578770780044432 | 0.008935160166824817
 | [NAME] | 0.01354699403896196 | 0.01223171628544045 | 0.009472624680266592 | 0.008935160166824819
 | dlnL | 0 | 0.005096548452266856 | 0.01578770780044432 | 0.01787032033364963
 | dlnO | 0.02709398807792392 | 0.02446343257088091 | 0.01894524936053318 | 0.01787032033364964
Welfare Effects | CS B | 0.08879697182655832 | 0.09141678549117126 | 0.09693133006281095 | 0.09800852830038996
 | CS F | -0.011254301492858 | -0.003087726889396575 | 0.01404189110463616 | 0.01737844586651621
 | CS S | -0.00983893829927223 | -0.001621006781779917 | 0.01561836255901457 | 0.01897661478153968
 | PS L | 0.06773497019480981 | 0.05109535855330007 | 0.01591233365924043 | 0.00901499725403163
 | PS O | 0.01373051508645363 | 0.01238133116872796 | 0.009562355298599787 | 0.009014997254031631