USING REGRESSION ANALYSIS TO REDUCE AGGREGATION BIAS IN LINEAR PROGRAMMING SUPPLY MODELS

Because methods of eliminating aggregation bias are impracticable, an alternative method is suggested for reducing aggregation bias which uses regression estimates of farm resonrce availabilities as functions of farm size. The estimates are incorporated in a parametric run of the LP problem in which size is parameterized. The method is applied to a case study problem, and the results compared with other methods of demarcating representative farms.

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Year of publication:	1975
Authors:	Kennedy, John O.S.
Published in:	Australian Journal of Agricultural Economics. - Australian Agricultural and Resource Economics Society - AARES. - Vol. 19.1975, 01
Publisher:	Australian Agricultural and Resource Economics Society - AARES
Subject:	Research Methods/ Statistical Methods

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005805655