Towards Econometric Mathematical Programming for Policy Analysis

Bruno Henry de Frahan ()
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Bruno Henry de Frahan: Earth and Life Institute, Université catholique de Louvain

Chapter Chapter 2 in Applied Methods for Agriculture and Natural Resource Management, 2019, pp 11-36 from Springer

Abstract: Abstract This contribution focuses in reviewing the development of positive mathematical programming towards econometric mathematical programming. Starting with the entropy approach it reviews alternative approaches and model specifications that appeared in the recent PMP-related literature for estimating those nonlinear terms that achieve the accurate calibration of optimisation programmes and guide the simulation response to policy scenarios. Combining recent contributions from this literature, it then proposes a possible framework to estimate and calibrate simultaneously model parameters ready to use for performing policy simulations.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:nrmchp:978-3-030-13487-7_2

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DOI: 10.1007/978-3-030-13487-7_2

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