利润函数近似与对偶理论在农业中的应用

Profit Function Approximations and Duality Applications to Agriculture

American Journal of Agricultural Economics · 1989
被引 20
人大 AABS 3

中文导读

通过蒙特卡洛模拟比较了不同灵活函数形式对利润函数中替代弹性和价格弹性的近似效果,发现各形式排名相近,但产出价格弹性近似效果较差。

Abstract

Abstract Monte Carlo simulations of profit functions indicate that flexible functional forms may be ranked nearly the same with respect to Allen‐Uzawa partial substitution elasticities or price and fixed factor elasticities. Flexible functional form approximations of output price elasticities are generally worse than approximations of input price or fixed factor elasticities. Minflex Laurent functional forms did not appear to approximate underlying elasticities any better than did their translog and generalized Leontief counterparts.

利润函数弹性估计函数形式农业应用