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Testing for Separation in Agricultural Household Models and Unobservable Household-Specific Effects
D'HOMBRES, Béatrice; ARCAND, Jean-Louis - Centre d'Études et de Recherches sur le Développement … - 2006
When market structure is complete, factor demands by households will be independent of their characteristics, and households will take their production decisions as if they were profit-maximizing firms. This observation constitutes the basis for one of the most popular empirical tests for...
Persistent link: https://www.econbiz.de/10005016639
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Testing for Separation in Agricultural Household Models and Unobservable Household-Specific Effects
Arcand, Jean-Louis; d'Hombres, Beatrice - Volkswirtschaftliche Fakultät, … - 2006
When market structure is complete, factor demands by households will be independent of their characteristics, and households will take their production decisions as if they were profit-maximizing firms. This observation constitutes the basis for one of the most popular empirical tests for...
Persistent link: https://www.econbiz.de/10005616930
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Testing for Separation in Agricultural Household Models and Unobservable Household-Specific Effects
Arcand, Jean-Louis; D'Hombres, Béatrice - HAL - 2011
When market structure is complete, factor demands by households will be independent of their characteristics, and households will take their production decisions as if they were profit-maximizing firms. This observation constitutes the basis for one of the most popular empirical tests for...
Persistent link: https://www.econbiz.de/10008805103