Abstract :
This study is an attempt to estimate the price elasticity of the red meat supply in Iran. For this purpose, a two-stage least aquares linear regression model and time series data for years 1959-1986 are used. Based on the estimated results price elasticity for red meat supply is calculated at 0.864. The estimated coefficient for the dummy variable - with the value of one for the years of 1973 to 1978, the years of high revenue and rapid inflation, and of zero for other years - is positive and significant.
