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Econometrics, Volume 1: Econometric Modeling of Producer Behavior

Author

Listed:
  • Dale W. Jorgenson

    (Harvard University)

Abstract

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.

Suggested Citation

  • Dale W. Jorgenson, 2000. "Econometrics, Volume 1: Econometric Modeling of Producer Behavior," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262100827, April.
    • Handle: RePEc:mtp:titles:0262100827
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    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:

    1. Harris, James Michael & Blank, Steven C. & Erickson, Kenneth W. & Hallahan, Charles B., 2010. "Off-farm Income and Investments in Farm Assets: A Double Hurdle Approach," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61531, Agricultural and Applied Economics Association.
    2. Harris, James Michael & Dillard, John & Erickson, Kenneth W. & Hallahan, Charles B., 2009. "Changes in Debt Patterns and Financial Structure of Farm Businesses: A Double Hurdle Approach," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49402, Agricultural and Applied Economics Association.
    3. Jin, Hui & Jorgenson, Dale W., 2010. "Econometric modeling of technical change," Journal of Econometrics, Elsevier, vol. 157(2), pages 205-219, August.
    4. Lila J. Truett & Dale B. Truett, 2016. "The Spanish Textile Industry Sans ATC Quota Protection," International Review of Applied Economics, Taylor & Francis Journals, vol. 30(3), pages 357-376, May.
    5. Lila J. Truett & Dale B. Truett, 2014. "Cost relationships and challenges in the Spanish apparel industry," Applied Economics, Taylor & Francis Journals, vol. 46(32), pages 3893-3906, November.
    6. Lila Truett & Dale Truett, 2014. "A ray of hope? Another look at the Italian textile industry," Empirical Economics, Springer, vol. 46(2), pages 525-542, March.
    7. Johanna Vogel & Kurt Kratena & Kathrin Hofmann, 2015. "The Bias of Technological Change in Europe. WWWforEurope Working Paper No. 98," WIFO Studies, WIFO, number 58200, April.
    8. Lila J. Truett & Dale B. Truett, 2017. "Cost relationships and globalization in the Australian clothing industry," Applied Economics, Taylor & Francis Journals, vol. 49(46), pages 4638-4656, October.
    9. Wei, Taoyuan & Liu, Yang, 2019. "Estimation of resource-specific technological change," Technological Forecasting and Social Change, Elsevier, vol. 138(C), pages 29-33.
    10. Adetutu, Morakinyo O., 2014. "Energy efficiency and capital-energy substitutability: Evidence from four OPEC countries," Applied Energy, Elsevier, vol. 119(C), pages 363-370.
    11. Lila J. Truett & Dale B. Truett, 2010. "New Challenges For The South African Textile And Apparel Industries In The Global Economy," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 35(4), pages 73-91, December.
    12. Paul E. Brockway & Matthew K. Heun & João Santos & John R. Barrett, 2017. "Energy-Extended CES Aggregate Production: Current Aspects of Their Specification and Econometric Estimation," Energies, MDPI, vol. 10(2), pages 1-23, February.
    13. Neill, Jon R., 2003. "Production and production functions: some implications of a refinement to process analysis," Journal of Economic Behavior & Organization, Elsevier, vol. 51(4), pages 507-521, August.
    14. Lila J. Truett & Dale B. Truett, 2016. "The motor vehicle industry in an emerging nation: the case of Brazil," Applied Economics, Taylor & Francis Journals, vol. 48(23), pages 2170-2182, May.
    15. KONISHI Yoko & NOMURA Koji, 2015. "Energy Efficiency Improvement and Technical Changes in Japanese Industries, 1955-2012," Discussion papers 15058, Research Institute of Economy, Trade and Industry (RIETI).

    More about this item

    Keywords

    econometrics; producer behavior; empirical findings;
    All these keywords.

    JEL classification:

    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling

    Statistics

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