线性方程中弹性和灵活性的置信区间

Confidence Intervals for Elasticities and Flexibilities from Linear Equations

American Journal of Agricultural Economics · 1984
被引 36
人大 AABS 3

中文导读

展示了如何利用Fieller方法为线性方程中的弹性和灵活性构建精确置信区间,并通过食品价格灵活性的实证例子说明这些区间可能很宽。

Abstract

Abstract Information regarding the precision of elasticity and flexibility estimates from equations linear in original variables is typically missing from empirical studies. A result due to Fieller which allows construction of exact confidence intervals for elasticities and flexibilities from such equations is demonstrated. Exact confidence intervals are not necessarily narrowest at mean levels nor are they symmetric about the point estimates of the elasticities and flexibilities. Empirical examples indicate that exact 95 percent confidence intervals for price flexibilities for food items can be quite wide.

弹性置信区间灵活性置信区间Fieller定理线性方程