Block-Recursiveness of the Household Production Model Under Risk

Raul Fabella

Philippine Journal of Development, 1986

Abstract: This article has been presented at the Workshop on Methods for Agricultural Policy Analysis held at the UP Los Baños on August 13-14, 1985. It considers block-recursiveness in a simple household model under different market regimes. Analysis shows conservatism of farm households with respect to input use when homemade insurance through input use is devised.

Keywords: agriculture sector; econometric modeling (search for similar items in EconPapers)
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:phd:pjdevt:jpd_1986_vol__xiii_nos__1&2-h

DOI: 10.62986/pjd1986.13.1-2h

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