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| Hess, Sebastian; Surry, Yves R.. |
| While the single- output Constant Difference of Elasticities (CDE) cost function has been applied several times, its profit counterpart called “the Constant Difference of Elasticities of Transformation” (CDET) profit frontier has not yet been applied econometrically. It is an indirect, implicit, non-homothetic and non-separable frontier that may be viewed as more flexible than the commonly used CES and Cobb-Douglas specifications, while demanding less parameters to be estimated than fully flexible functional forms commonly do. We therefore introduce the CDET profit function and illustrate its potential usefulness as a parsimonious econometric model of agricultural production in Switzerland. Results indicate plausible elasticities and a satisfactory fit to... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: CDE; Profit function; Agricultural Sector; Functional Form; Switzerland; Agricultural Finance. |
| Ano: 2011 |
URL: http://purl.umn.edu/114539 |
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| Wahl, Olaf; Weber, Gerald; Frohberg, Klaus. |
| The Central and Eastern European Countries Agricultural Simulation Model (CEEC-ASIM) has been developed at IAMO. It is a partial equilibrium model for the agricultural sectors of 14 countries including demand of domestic consumers and is designed to analyse the impacts of agricultural policies on important target variables like producer and consumer prices, supply and input demand of agriculture, food demand, net trade and welfare. Particular efforts were undertaken to implement also the policy instruments of the Common Agricultural Policy of the European Union. These besides the market price support measures also include the different forms of domestic support as for example area payments and beef premiums. Also the set-aside obligations and production... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Sector Modelling; Agricultural Sector; Partial Equilibrium Model; Policy Analyses; Agricultural and Food Policy; C69; Q18. |
| Ano: 2000 |
URL: http://purl.umn.edu/14942 |
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