ESTIMATION OF A U.S. DAIRY SECTOR MODEL BY MAXIMUM SIMULATED LIKELIHOOD
| dc.creator | Arias, Carlos | |
| dc.creator | Cox, Thomas L. | |
| dc.date | 2017-04-01T14:07:45Z | |
| dc.date.accessioned | 2026-07-09T03:05:04Z | |
| dc.description | This paper estimates a multivariate Tobit system of monthly wholesale dairy prices where 4 prices are lower censored by the dairy price support program. Using Maximum Simulated Likelihood (MSL) we test/correct for the effects of simulation noise and discuss the relevance of estimating multivariate versus the single Tobit equations. | |
| dc.identifier | doi:10.22004/ag.econ.12617 | |
| dc.identifier | https://ageconsearch.umn.edu/record/12617/files/stpap417.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/12617 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/526174 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/12617 | |
| dc.title | ESTIMATION OF A U.S. DAIRY SECTOR MODEL BY MAXIMUM SIMULATED LIKELIHOOD | |
| dc.type | Text |
