ENGLISH

Econometrics, Vol. 1: Econometric Modeling of Producer Behavior

Book information

Publisher
The MIT Press
Year
2000
ISBN
0262100827, 9780262100823
Google Books ID
duGPSkavvcUC
Language
english
Format
PDF
Filesize
5 MB (5171777 bytes)
Pages
xxxii+545\637
Orientation
yes
Paginated
yes
Scanned
no
Time added
2015-10-21 10:27:56

Description

The objectives of econometric modeling of producer behavior are to determine the nature of substitution among inputs and outputs and of differences in technology, as well as the role of economies of scale in production. Recent advances in methodology, based on the dual formulation of the theory of production in terms of prices, have enabled econometricians to achieve these objectives more effectively. This volume summarizes the economic theory, the econometric methodology, and the empirical findings resulting from the new approach.

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