SPLINE FUNCTIONS: THEIR USE IN ESTIMATING NON-REVERSIBLE RESPONSE

The Objectives of this paper are: (1) to introduce the concept of spline functions; and (2) to account for complete and partial non-reversibility with spline functions. This paper illustrates this approach using a supply response example.

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Year of publication:	1979
Authors:	Groenewegen, John
Institutions:	Department of Applied Economics, College of Agricultural, Food, and Environmental Sciences
Subject:	Research Methods/ Statistical Methods

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Extent:	application/pdf
Series:	Staff Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Department of Applied Economics>Staff Papers Number 13423
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005500721