The Dynamics of Supply: Estimation of Farmers' Response to Priceby Marc Nerlove
β Scribed by Review by: George K. Brinegar
- Book ID
- 124869182
- Publisher
- American Economic Association
- Year
- 1959
- Tongue
- English
- Weight
- 618 KB
- Volume
- 49
- Category
- Article
- ISSN
- 0002-8282
- DOI
- 10.2307/1809957
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
In this paper a computationally practical simulation estimator is proposed for the two-tiered dynamic panel Tobit model originally developed by Cragg (1971). The log-likelihood function simulated through procedures based on a recursive algorithm formulated by the Geweke-Hajivassiliou-Keane simulator
An algorithm for the computation of the stochastic non-stationary non-linear response of large FE-models is presented. In stochastic analysis, the response is described by the mean and covariance function and possibly by the probability distribution of the non-linear response. To estimate the covari