Showing 1 - 5 of 5
Recent developments in production agriculture have resurrected interest in the primal production approach. This study develops a semi-parametric procedure for estimation of the Zellner production function for a single input.
Persistent link: https://www.econbiz.de/10005467899
Baltagi and Kao (2000) chronicle the emergence of panel applications of the cointegration approach. This study builds on this literature by proposing a reformulation of the pooling statistic proposed by Baltagi et al. (1996) that can be used to test for the appropriateness of this panel...
Persistent link: https://www.econbiz.de/10005471417
This article shows the convenience of combining the Country-Product- Dummy (CPD) model and the Theil-Goldberger (TG) mixed estimator to obtain better estimates of missing prices than those obtained by marginal mean imputation. We use the TG estimator to combine aggregate price data for regions...
Persistent link: https://www.econbiz.de/10008498611
New informational technologies have led to a rebirth of interest in primal production functions. This study revisits the vexing question of the estimation of the Cobb-Douglas production function given zero input levels for some observations. A resampling technique is proposed that produces a...
Persistent link: https://www.econbiz.de/10009195744
The empirical application of stochastic dominance in the selection of crop alternatives under risk has typically been based on a step function specification of the empirical cumulative distribution function (cdf). This specification has questionable consequences for the analysis, particularly...
Persistent link: https://www.econbiz.de/10008466614