Testing for Efficiency: A Policy Analysis with Probability Distributions
Klaus Salhofer,
Erwin Schmid,
Gerhard Streicher and
Friedrich Schneider ()
No 239277, 89th Seminar, February 2-5, 2005, Parma, Italy from European Association of Agricultural Economists
Abstract:
The study evaluates the efficiency of government intervention using a vertically-structured model including imperfectly competitive agricultural input markets, a bread grain market, and an imperfectly competitive food industry. An actually observed bread grain policy is compared to a hypothetical efficient policy. Computer-intensive simulation procedures and surface response functions are utilized to account for the sensitivity of model results with respect to 10,000 normal distributed parameter sets.
Keywords: Community/Rural/Urban Development; Research Methods/ Statistical Methods (search for similar items in EconPapers)
Pages: 11
Date: 2005-04
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https://ageconsearch.umn.edu/record/239277/files/S ... %20Distributions.pdf (application/pdf)
Related works:
Working Paper: TESTING FOR EFFICIENCY: A POLICY ANALYSIS WITH PROBABILITY DISTRIBUTIONS (2003) 
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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaae89:239277
DOI: 10.22004/ag.econ.239277
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