Abstract
A range of models are used in an attempt to explain the variability of the annual production of olive-oil in Portugal and to relate this time-series to economic factors. The effects of these variations on the demand of other edible oils and on the required imports of oil seeds is analysed and an integrated model is proposed to assess the relative merit of alternative governmental decisions.
The trade-off between the financial support given to the Portuguese production of olive-oil and the improvement of the National Balance of Payments is also discussed.
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Tavares, L., Lopes, J. A Strategic Model for Intervention on the Portuguese Olive-Oil Market. J Oper Res Soc 31, 813–823 (1980). https://doi.org/10.1057/jors.1980.148
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DOI: https://doi.org/10.1057/jors.1980.148