RT Journal Article
T1 A Poor but Efficient Crop: Supply-Side Responses in the Greek Tobacco Sector, 1953-64.
A1 Lemontzoglou, Tryfonas
A1 Carmona-Zabala, Juan
K1 Tabaco - Cultivo - Grecia
K1 Agricultura - Grecia - S. XX
K1 Agricultura - Aspectos económicos
K1 Schultz, Theodore
AB We analyzed the price elasticities of the Greek tobacco supply at three different levels of analysis (cross-varietal, cross-regional, and two-dimensional) using secondary-level data published by the Greek National Tobacco Board for the years 1953 to 1964. Our panel suggest that the development of postwar Greece’s tobacco sector was largely determined by market forces rather than by state-led purchasing programs. However, market pressures impacted production and sales volume to varying degrees, depending on the tobacco varieties grown in different parts of the country. Given that tobacco was postwar Greece’s most important export crop, and that it was the object of considerable state support, the often-made claim that state interventionism has disincentivized the adaptation of the Greek agricultural sector to evolving markets needs to be revised. Our findings support Shultz’s poor-but-efficient hypothesis regarding farmers.
PB Ediciones de la Universidad de Murcia
YR 2024
FD 2024-04
LK https://hdl.handle.net/10630/31352
UL https://hdl.handle.net/10630/31352
LA eng
NO Hellenic Foundation for Research and Innovation
DS RIUMA. Repositorio Institucional de la Universidad de Málaga
RD 28 feb 2026