NONROBUSTNESS OF DYNAMIC DUAL MODELS OF THE NORTHEASTERN AND U.S. DAIRY INDUSTRIES

No hay miniatura disponible

Fecha

Autores

Título de la revista

ISSN de la revista

Título del volumen

Editor

Resumen

Descripción

The robustness of dynamic dual models examined by Howard and Shumway is reevaluated with the proper specification for the modified generalized Leontief (GL) and normalized quadratic (NQ) functional forms. In an application to the Northeastern and U.S. dairy industries, the theoretical properties, adjustment rates, and predictive ability were similar under both functional forms. However, elasticity measures differed significantly.

Palabras clave

Citación

URI

http://hdl.handle.net/123456789/544138

Ver documento

https://ageconsearch.umn.edu/record/28964/files/19010012.pdf

Colecciones

University of Minnesota