ON NONPARAMETRIC SUPPLY RESPONSE ANALYSIS

Authors
Citation
Jp. Chavas et Tl. Cox, ON NONPARAMETRIC SUPPLY RESPONSE ANALYSIS, American journal of agricultural economics, 77(1), 1995, pp. 80-92
Citations number
26
Categorie Soggetti
Economics,"AgricultureEconomics & Policy
ISSN journal
00029092
Volume
77
Issue
1
Year of publication
1995
Pages
80 - 92
Database
ISI
SICI code
0002-9092(1995)77:1<80:ONSRA>2.0.ZU;2-9
Abstract
In this paper, we explore the usefulness of nonparametric methods in t he investigation of production behavior and the estimation of price el asticities of output supply and input demand functions. The approach c an handle the situation where some data points are not consistent with production theory. The method is illustrated by estimating supply-dem and elasticities of outputs and inputs in U.S. agriculture.