TESTING FOR DISEQUILIBRIUM IN THE DEMAND FOR AGRICULTURAL INPUTS

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dc.creatorLeBlanc, Michael
dc.creatorLutton, Thomas
dc.date2017-04-01T20:06:37Z
dc.date.accessioned2026-07-09T04:16:55Z
dc.descriptionA dynamic system of cost-share equations for agricultural inputs is used to test for the presence of input disequilibrium. This dynamic system incorporates a disequilibrium adjustment process into input-share equations derived from a translog cost function. The disequilibrium process is represented as a generalized partial adjustment model where disequilibrium in one input may affect other inputs. Results from this analysis suggest applications of translog share systems to agriculture under static equilibrium assumptions are inappropriate.
dc.identifierdoi:10.22004/ag.econ.32382
dc.identifierhttps://ageconsearch.umn.edu/record/32382/files/09010106.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/32382
dc.identifier.urihttp://hdl.handle.net/123456789/547549
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/32382
dc.titleTESTING FOR DISEQUILIBRIUM IN THE DEMAND FOR AGRICULTURAL INPUTS
dc.typeText

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