Work

Texas Field Crops: Estimation With Curvature

Year: 1990

Type: article

Abstract: Some implications of theory are easily maintained in econometric estimation, but computational costs of maintaining curvature properties (sufficient for existence of an optimal solution) have often proved prohibitive. They also have been violated frequently by unrestricted econometric estimates. A computationally manageable procedure for maintaining and testing curvature is used here to obtain estimates of product supplies and input demands for Texas field crops consistent with the theory of the competitive industry. The curvature properties are tested along with several technology restrictions.

Source: RePEc: Research Papers in Economics

DOI: 10.22004/ag.econ.32502

Authors: Shumway, C. Richard, Alexander, William P., Talpaz, Hovav

Language: English

Topic: Agricultural economics and policies

Subfield: Safety Research

Field: Social Sciences

Domain: Social Sciences

SDG: Zero hunger

Open Access status: green

Funders: U.S. Department of Agriculture, Economic Research Service

OpenAlex ID: W1487664262