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Econometrics. Volume 1, Econometric modeling of producer behavior

Author: Dale W Jorgenson
Publisher: Cambridge : MIT Press, 2000.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
New methodology for econometricians, based on the dual formulation of the theory of production in terms of prices. 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  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Jorgenson, Dale W. (Dale Weldeau), 1933-
Econometrics. Vol. 1, Econometric modeling of producer behavior.
Cambridge, Mass. : MIT Press, 2000
(OCoLC)46968133
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Dale W Jorgenson
ISBN: 0262276399 9780262276399
OCLC Number: 1077047759
Description: 1 online resource (577 pages).
Other Titles: Econometric modeling of producer behavior
Responsibility: Dale W. Jorgenson.

Abstract:

New methodology for econometricians, based on the dual formulation of the theory of production in terms of prices. 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.

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