Data/hora: 13/06/2024 04:55:23

Provedor de dados: 	31	
País: 	United States	
Título: 	Empirical properties of duality theory	
Autores: 	Lusk,   Jayson L.; Featherstone,   Allen M.; Marsh,   Thomas L.; Abdulkadri,   Abdullahi O.	
Data: 	2011-11-18	
Ano: 	1997	
Palavras-chave: 	Research Methods/ Statistical Methods.	
Resumo: 	This research examines selected empirical properties of duality relationships. Monte Carlo experiments indicate that Hessian matrices estimated from the normalised unrestricted profit, restricted profit and production functions yield conflicting results in the presence of measurement error and low relative price variability. In particular, small amounts of measurement error in quantity variables can translate into large errors in uncompensated estimates calculated via restricted and unrestricted profit and production functions. These results emphasise the need for high quality data when estimating empirical models in order to accurately determine dual relationships implied by economic theory.	
Tipo: 	Journal Article	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/118069	
Relação: 	Australian Journal of Agricultural and Resource Economics&gt;Volume 46, Issue 1, March 2002	
Formato: 	24