THE MULTI-PRODUCT ASYMPTOTICALLY IDEAL MODEL: AN APPLICATION TO AGRICULTURE

Jayson Lusk and Allen Featherstone

No 21503, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper examines the Multi-Product Asymptotically Ideal Production Model as an alternative to the translog and normalized quadratic functional forms using farm level data. Factors such as ease of estimation, imposition of regularity conditions, and quantitative differences in empirical estimates are compared.

Keywords: Production Economics; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 14
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21503

DOI: 10.22004/ag.econ.21503

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