EXPLORING ALTERNATIVES FOR ESTIMATING SYSTEMS OF EQUATIONS WITH MULTIPLE CENSORED VARIABLES: FARM OUTPUT SUPPLY AND INPUT DEMAND Report as inadecuate




EXPLORING ALTERNATIVES FOR ESTIMATING SYSTEMS OF EQUATIONS WITH MULTIPLE CENSORED VARIABLES: FARM OUTPUT SUPPLY AND INPUT DEMAND - Download this document for free, or read online. Document in PDF available to download.

This paper explores two alternatives for estimating systems of equations with multiple censored variables: Maximum Simulated Likelihood and a two-step technique that seems to be well suited for large samples. The empirical part of the paper estimates a system of cost, cost shares and revenue shares equations of Italian farms using both approaches.

Subject(s): Research Methods/ Statistical Methods

Issue Date: 1999

Publication Type: Conference Paper/ Presentation

PURL Identifier: http://purl.umn.edu/21591

Total Pages: 14

Series Statement: Selected Paper

Record appears in: American Agricultural Economics Association (AAEA) > 1999 Annual meeting, August 8-11, Nashville, TN





Author: Arias, Carlos ; Perali, Carlo Federico

Source: http://ageconsearch.umn.edu/record/21591?ln=en



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