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Joint production and price uncertainty: hypothesis tests

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  • Moawia Alghalith

Abstract

This paper extends the existing estimation methods to allow empirical estimation and hypothesis testing under joint production and price uncertainty. Our approach modifies and expands the use of duality theory. Furthermore, our approach does not require the specification or estimation of the production/cost function. We apply the methodology to the U.S. manufacturing sector.

Suggested Citation

  • Moawia Alghalith, 2006. "Joint production and price uncertainty: hypothesis tests," Brussels Economic Review, ULB -- Universite Libre de Bruxelles, vol. 49(3), pages 265-274.
    • Handle: RePEc:bxr:bxrceb:y:2006:v:49:i:3:p:265-274
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    References listed on IDEAS

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    11. Moawia Alghalith, 2006. "Price and output risk: empirical analysis," Applied Economics Letters, Taylor & Francis Journals, vol. 13(6), pages 391-393.
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