Work

Modeling Unobserved Heterogeneity in New York Dairy Farms: One-Stage versus Two-Stage Models

Year: 2012

Type: article

Abstract: Agricultural production estimates have often differentiated and estimated different technologies within a sample of farms. The common approach is to use observable farm characteristics to split the sample into groups and subsequently estimate different functions for each group. Alternatively, unique technologies can be determined by econometric procedures such as latent class models. This paper compares the results of a latent class model with the use of a priori information to split the sample using dairy farm data. Latent class separation appears to be a superior method of separating heterogeneous technologies and suggests that technology differences are multifaceted.

Source: Agricultural and Resource Economics Review

DOI: 10.1017/s1068280500001258

Authors: Antonio Alvarez, Julio del Corral, Loren W. Tauer

Institutions: Universidad de Oviedo, University of Castilla-La Mancha, Cornell University

Language: English

Topic: Agricultural economics and policies

Subfield: Safety Research

Field: Social Sciences

Domain: Social Sciences

SDG: Zero hunger

Open Access status: green

OpenAlex ID: W130513203

FWCI: 3.326

Cites: 34

Cited by: 40

Related to: 10