Simultaneous Estimation of Cost and Distance Function Share Equations

The study considers the simultaneous estimation of share equations using cost and distance functions. Simultaneous rather than single system estimation utilizes full as opposed to limited information. Econometric results exploit the nonstationary nature of the data and that variables are cointegrate...

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Veröffentlicht in:	Canadian journal of agricultural economics 2013-12, Vol.61 (4), p.559-581
Hauptverfasser:	Clark, J. Stephen, Cechura, Lukas, Thibodeau, David R.
Format:	Artikel
Sprache:	eng
Schlagworte:	Agricultural economics Agricultural production Canada Cointegration analysis Cost Cost estimates Econometric models Econometrics Environment Estimation Fertilizers Labor Land Machinery Mathematical functions Maximum likelihood method Probability Production Studies
Online-Zugang:	Volltext
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