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Consistent aggregation of production data across commodities and Western USA states was tested using Lewbel's generalised composite commodity theorem. The applicability of the generalised composite commodity theorem for testing consistent geographic aggregation was demonstrated and applied to...
Persistent link: https://www.econbiz.de/10005294658
Persistent link: https://www.econbiz.de/10010542659
Consistent aggregation ensures that behavioural properties which apply to disaggregate relationships apply also to aggregate relationships. The agricultural economics literature which has tested for consistent aggregation or measured statistical bias and/or inferential errors due to aggregation...
Persistent link: https://www.econbiz.de/10009398753
Consistent aggregation of production data across commodities and Western USA states was tested using Lewbel's generalised composite commodity theorem. The applicability of the generalised composite commodity theorem for testing consistent geographic aggregation was demonstrated and applied to...
Persistent link: https://www.econbiz.de/10009398819