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Derivation of long run factor demands from short run responses

Author

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  • Hervé Guyomard

    (Unité d'économie et sociologie rurales de rennes - INRA - Institut National de la Recherche Agronomique)

  • Dominique Vermersch

    (Unité d'économie et sociologie rurales de rennes - INRA - Institut National de la Recherche Agronomique)

Abstract

Le concept de fonction de cout restreint fournit un cadre dual pour l'analyse de la technologie adoptée dans le court terme. Il permet en outre, sous des hypothèses de convexité sur la technologie, de de terminer les différents équilibres possibles pour l'entreprise. Ce travail présente les propriétés de la fonction de coût restreint. Celle-ci permet par ailleurs de dériver les possibilités de substitution entre facteurs, selon les régimes de fixité. Ce cadre théorique s'applique ensuite à caractériser le secteur céréalier français en utilisant les données du RICA.

Suggested Citation

  • Hervé Guyomard & Dominique Vermersch, 1988. "Derivation of long run factor demands from short run responses," Working Papers hal-01594271, HAL.
    • Handle: RePEc:hal:wpaper:hal-01594271
    Note: View the original document on HAL open archive server: https://hal.science/hal-01594271v1
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    References listed on IDEAS

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    1. BARTEN, Anton P., 1969. "Maximum likelihood estimation of a complete system of demand equations," LIDAM Reprints CORE 34, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    2. Barten, A. P., 1969. "Maximum likelihood estimation of a complete system of demand equations," European Economic Review, Elsevier, vol. 1(1), pages 7-73.
    3. Catherine J. Morrison, 1985. "On the Economic Interpretation and Measurement of Optimal Capacity Utilization with Anticipatory Expectations," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 52(2), pages 295-309.
    4. Caves, Douglas W & Christensen, Laurits R & Swanson, Joseph A, 1981. "Productivity Growth, Scale Economies, and Capacity Utilization in U.S. Railroads, 1955-74," American Economic Review, American Economic Association, vol. 71(5), pages 994-1002, December.
    5. Fuss, Melvyn & McFadden, Daniel, 1978. "Production Economics: A Dual Approach to Theory and Applications (I): The Theory of Production," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, volume 1, number fuss1978.
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    1. Herve Guyomard & Chantal Le Mouël & U. Vasavada, 1993. "Applying duality theory in agricultural production economics as a basis of policy decision making [[Application de la théorie de la dualité en économie de la production agricole : utilisation pour ," Post-Print hal-02850915, HAL.

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